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Regal Opens New Boutique Hotel In Hong Kong

China Hospitality News 13.01.2010
Regal Opens New Boutique Hotel In Hong Kong

Regal iClub Hotel, Regal Hotels International's latest property, and its sixth hotel in Hong Kong, has had its soft opening.

Hong Kong Luxury Home Prices May Rise 20% This Year (Update2)

Jan. 12 (Bloomberg) -- Hong Kong luxury home prices may rise 20 percent this year as the economy expands and supply remains limited, real estate broker CB Richard Ellis Group Inc. said.

Hong Kong's Newest Business Hotel

Meagan Drillinger Travel Agent Central 12.01.2010
Hong Kong's Newest Business Hotel

The newest Regal Hotels International property, the Regal iClub Hotel, had its soft debut last December in Hong Kong, making it the company's sixth property on the island.

Chinese Government Considering New Property Tax

With the threat of a bubble hanging over its real estate market, the Chinese government is weighing plans to implement a new property tax to bring prices back down to earth. In the residential market, tax incentives have been suspended and credit cut back to discourage speculation and reel in prices, while developers have been hit with anti-hoarding measures and stiffer down-payment and pay-back requirements for government land purchases. See the following article from Property Wire for more on this.

"iSelect" Room

Regal iClub Hotel, Regal Hotels International's latest and the sixth hotel property in Hong Kong, had its soft opening in December 2009.

Hong Kong sells HK$515.7 bln worth of property in 2009

Jan. 11, 2010 (China Knowledge) - Hong Kong sold 134,000 properties, including parking spaces, for a total of HK$515.7 billion in 2009, according to a report released by Centaline Property Agency Ltd and Midland Holdings Ltd.

DBS chief admits to risk of new mortgage war

BethYe The Standard 08.01.2010
DBS chief admits to risk of new mortgage war

A price war in Hong Kong's mortgage market will not benefit either customers or banks in the long term, according to Amy Yip Yeuk-tak, chief executive of DBS Bank (Hong Kong).

Hong Kong property company brings first Asian CB this year

Far East Consortium raises HK$800 million from a Hong Kong dollar-denominated CB which is priced at best terms for investors.

Tax fear dents property picks

The Standard 06.01.2010

Mortgage rates defended

Derek Yiu The Standard 06.01.2010
Tax fear dents property picks

Beijing may levy a tax on commercial properties in "selective regions" before applying it to homes in a bid to cool the property market, according to Morgan Stanley. But other analysts played down the likelihood of such a move.

Mortgage rates defended

ICBC (Asia) (0349) assured the public that banks have not been driving mortgage rates down due to fierce industry competition.

Breaking out of the crisis in Hong Kong

Yoav Cerralbo The Korea Herald 16.11.2009
Smaller homes are where heart is for agents

Prices of smaller homes will rise by up to 20 percent this year to outperform the overall property market, agents said.

Breaking out of the crisis in Hong Kong

Two words being spoken right now in economic circles, especially in the midst of this crisis, are "exit strategy." Most specifically asked is when countries should start adopting exit strategy policies.

High luxury-home prices are good

LESLIE YEE The Business Times 16.11.2009
High luxury-home prices are good

I WORK in the real estate sector in Hong Kong but do not cover the residential property market.

Hong Kong May Extend Its Recovery With 1.9% Growth in Quarter

Nov. 13 (Bloomberg) -- Hong Kong’s economy probably grew for a second straight quarter, cementing the city’s recovery from its worst slump since the Asian financial crisis.

Luxury homes auction brings $172m

Derek Yiu The Standard 13.11.2009
Luxury homes auction brings $172m

The government lived up to market expectations, making HK$172 million by auctioning eight luxury homes in a batch of 10 on Hong Kong Island.

Shimao Group to Invest CNY30bn in Jinan Urban Project

JINAN, Nov 11, 2009 (SinoCast Daily Business Beat via COMTEX) -- SIOPF | Quote | Chart | News | PowerRating -- Shimao Group, parent of Hong Kong-listed real estate developer Shimao Property Holdings Limited (SEHK: 0813), will invest CNY 30 billion in the construction of the urban complex project in north Jinan, capital of Shandong, north China.

Wanders & yoo appointed to design boutique hotel in Hong Kong

International branding, design and marketing company yoo is delighted to announce its appointment by Hong Kong-based property group Henderson Land Development Company Limited to design a 100 room boutique hotel on Jaffe Road in the bustling Wanchai district of Hong Kong.

View from above: Hong Kong Island, as seen from Victoria Peak, where real estate prices have been soaring.

Hong Kong, China (CNN) -- The most coveted property on Hong Kong island is called "The Peak," overlooking the city's stunning Victoria Harbor.

Cheung Kong is top bidder for Upper Thomson Rd condo plot

KALPANA RASHIWALA The Business Times 10.11.2009
Cheung Kong is top bidder for Upper Thomson Rd condo plot

THE top bidder for the 99-year condo site on Upper Thomson Road on Thursday has been revealed as a unit of Hong Kong tycoon Li Ka-shing's Cheung Kong Holdings.


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