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Gold Coast hotel involved in Hong Kong settlement

Thomas A. Corfman Chicago Business 05.11.2009
Cheung Kong to start selling flats at Le Prestige Phase II

Nov. 5, 2009 (China Knowledge) - Cheung Kong (Holdings) Ltd, a major property developer in Hong Kong owned by business tycoon Li Ka-shing, expects to start selling flats at the second phase of its Tseung Kwan O project Le Prestige this month once the Lands Department of the SAR government grants approval for presales, the Standard reported.

Gold Coast hotel involved in Hong Kong settlement

(Crain’s) — A settlement of Hong Kong’s version of the Enron scandal has reached halfway across the globe to a boutique Gold Coast hotel.

Hong Kong property bubble still has room to grow

Tom Mitchell, Paul Betts and Andrew Hill Financial Times 04.11.2009

Investors given a bumpy ride

Mandy Lo The Standard 03.11.2009
Hong Kong property bubble still has room to grow

When the International Monetary Fund finally takes notice, it must be old news. On Tuesday the IMF issued its annual report on Hong Kong, saying that it shared the government’s “concerns that a credit-asset price cycle could take hold, leading to a sharp run-up in prices for certain real and financial assets”.

Investors given a bumpy ride

Hong Kong stocks went on a roller-coaster ride yesterday, with the Hang Seng Index tumbling more than 500 points at one stage. But it recouped most of the losses on the back of a rebound in Shanghai and ended 0.61 percent lower.

Hong Kong Property Buyers Vanish

Vincent Fernando The Business Insider 03.11.2009
Hong Kong Property Buyers Vanish

Uncertainty over government policy has caused consternation among Hong Kong property buyers.

Sustainable Hotel Awards presented at HICAP in Hong Kong

HONG KONG – Winners of the Sustainable Hotel Awards were presented at the 20th annual Hotel Investment Conference Asia Pacific (HICAP), held 14-16 October 2009, at the InterContinental Hong Kong. HICAP is hosted by Horwath HTL and Burba Hotel Network (BHN).

HK retail sales rise in September

HONG KONG: September retail sales in Hong Kong rose for the first time since January, by 2.4% from a year earlier, government data showed yesterday. It is a further sign that the economy, which pulled out of recession in the second quarter, is on a firm recovery footing.

Policy worries keep flat buyers at home

Home buyers, worried about the government's housing policy, have turned cautious, driving down the number of property deals over the weekend.

Home sales: Boom with a difference

Joyce Teo The Straits Times 01.11.2009
Home sales: Boom with a difference

PROPERTY developers here appear set to sell at least as many new homes this year as in the record year of 2007.

World Intellectual Property Organisation Regional Symposium held in Hong Kong

Hong Kong (HKSAR) - The "World Intellectual Property Organisation (WIPO) Regional Symposium on Management of Intellectual Capital, Intellectual Assets and Intellectual Property" was opened in Hong Kong today (October 29). The two-day symposium is organised by the WIPO and the Government of China, and hosted by the Intellectual Property Department (IPD) of the Hong Kong Special Administrative Region Government. The Assistant Director-General of WIPO, Ms Wang Binying; the Director General, International Co-operation Department of the State Intellectual Property Office of thePeople's Republic of China, Mr Lu Guoliang; and the Permanent Secretary for Commerce and Economic Development (Commerce, Industry and Tourism), Miss Yvonne Choi, officiated at the opening ceremony.

Cold Water for Asia Property Market

BETTINA WASSENER New York Times 29.10.2009
Henderson Land bullish on HK property sector

HONG KONG: Two Hong Kong developers - Henderson Land and New World Development – forked out a combined HK$9 billion (US$1.2 billion) just to convert a piece of farmland in the New Territories into a residential development.

Apartments and houses shown under construction last week behind yachts in Hong Kong's Deep Water Bay.

HONG KONG — Almost four years after swelling property prices started to collapse in the United States, giving rise to the most severe global financial and economic crisis in decades, the housing market remains depressed in many parts of the world — except in much of Asia.

Lee seals $9b plot

The Standard 29.10.2009
Lee seals $9b plot

Despite fears of a growing property bubble, Henderson Land (0012) is set to splash out a staggering HK$9 billion for a New Territories site.

HK property developers urge govt to fine-tune land sale policy

HONG KONG : Property tycoons in Hong Kong are calling on the government to revamp the way it sells land to them. The call comes amid concerns that a property bubble may be forming.

Hong Kong’s Luxury Hotel Market Needs Land

Stewart Perry Self-Catering-Breaks 28.10.2009
Hong Kong’s Luxury Hotel Market Needs Land

Hotel companies are asking the government of Hong Kong for more land, as they search to attract the business travel market by using the city’s many charms.

Novotel Nathan Road Kowloon Hong Kong has beenGreen Globe certified

Novotel Nathan Road Kowloon Hong Kong is the 1st Accor hotel in China to achieve Green Globe certification

Hong Kong Developers Seek Cheaper Land as Home Prices Surge

Chia-Peck Wong Bloomberg News 28.10.2009
Hong Kong Developers Seek Cheaper Land as Home Prices Surge

Oct. 28 (Bloomberg) -- Hong Kong’s biggest developers signaled they want cheaper land as the government seeks to increase supply and curb speculation after home prices surged 28 percent this year.

Hong Kong acts to curb property boom

Barely a week after a developer in Hong Kong set the world price record for the sale of an apartment, the authorities have introduced new legislation to dampen demand at the top end of the market.

Hong Kong Real Estate Requires 40% Down 7 comments

Tim Iacono Seeking Alpha 27.10.2009
 
Hong Kong Real Estate Requires 40% Down 7 comments

Admittedly not an expert on Hong Kong real estate and having no idea how other forms of "stimulus" factor into buying property in this part of Asia, the simple disparity between down payment amounts between here and there, as reported in the Wall Street Journal, seems like it's worth pointing out.

 
 

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