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CY Leung fails to deliver as Hong Kong home prices keep rising

... oom of 35 square feet in North Point costs as much as HK$2,800 (US$361.25) in rent, the report said. Leung has said he would solve of the issue of soaring property prices since he was a candidate for ...More

EJ Insight2014-08-08

Falling property prices force some owners to abandon new homes

... ,500) per square meter. Cases of homeowners abandoning their mortgage payments are not widespread, the report said, but regulators have warned of a potential crisis. In May, Shang Fulin, chairman of t ...More

EJ Insight2014-08-07

SHKP-Norman Chan Index puts HK top earners to affordability test

...  of 4,661 square feet, has a world record price tag of HK$819 million (US$105 million). But developer Sun Hung Kai Properties (SHKP) is throwing in a generous 15 per cent discount, which brings the pr ...More

EJ Insight2014-08-07

How much would you pay for a Peak view and privacy?

It's the height of luxury and privacy with the price tag to boot. At HK$175,735 (US$22,674) per square foot, an uber luxury mansion on the Peak, Hong Kong's most exclusive enclave, sets a domestic rec ...More

EJ Insight2014-08-07

Hopewell faces flak over new plans for upcoming project

...  a 50,000-square-foot conference hall by eliminating 35,000 square feet of office space, Ming Pao Daily reported Wednesday. The company decided to upgrade the project, including reorganizing the facil ...More

EJ Insight2014-08-06

Minimum storage, maximum yield

Sometimes small is really beautiful -- and also profitable. A luxury flat on the Peak costs cheaper to rent per square foot than a Sham Shui Po subdivided flat, a car park slot in Tin Shui Wai or a co ...More

EJ Insight2014-08-06

A dog tale with happy ending

... an 11,000 square foot home on a 100-odd acre estate along with a whole bunch of other rescued dogs and cats. Lady is apparently thrilled with her fresh digs and her new master, going by a photo that R ...More

EJ Insight2014-08-06

Shanghai's Bund sees exit of luxury brands as consumption wanes

...  rent per square meter in Nanjing Road is only 20-30 yuan, compared with 30-40 yuan in the Bund. Meanwhile, shopping malls like L'Avenue in Changning district and K11 in Huangpu district, where rents ...More

EJ Insight2014-08-06

Burglars raid FedEx Asia chief Shek O home

... The 6,000 square foot house at 18 Shek O Road belongs to Wharf Holdings Ltd. (00004.HK) but is not part of the private holding of its chairman, Peter Woo, the report said, citing a company spokesman. ...More

EJ Insight2014-08-06

Land official questioned over Yuen Long plot purchase

Lands Department Assistant Director Anita Lam allegedly bought an 80,000 square foot plot in Kam Tin, Yuen Long, for HK$18.8 million (US$2.43 million) two years ago, after the Development Bureau publi ...More

EJ Insight2014-08-06

Thrills and spills if new fun vehicle makes it to Victoria Peak

... t 111,220 square meters, and will be accessible from Peak Road and Findlay Road. Two towers for taking off and landing will be built on the two sides of Peak Galleria. As the take-off tower, at 424.11 ...More

EJ Insight2014-08-06

In China, there's no business like show business

... e million square foot facility, which will include a theater and production facilities, will develop musicals that can run in Beijing and tour cities nationwide. Over the last decade well-known musica ...More

EJ Insight2014-08-05

Minmetals Land plans 5-bln-yuan land-bank boost

Minmetals Land Ltd. (00230.HK), a real-estate arm of China Minmetals Corp., expects to acquire one million square meters of land within the next five months by spending about 5 billion yuan (US$810 mi ...More

EJ Insight2014-08-04

Removal of property curbs little help in reviving sales

... o 170,000 square meters shortly after it eased property curbs on April 25. However, the figure fell to 100,000 square meters a month later. The relaxation has had limited impact on cities such as Tia ...More

EJ Insight2014-08-01

Universal Studios said to be planning theme park in Zhuhai

...  cover 10 square kilometers, Chinese property news portal Guandian.cn reported Friday. The California-based company has been seeking opportunities to enter the mainland market since 2001, although pas ...More

EJ Insight2014-08-01

Chinese Dama steal the show at Shanghai trade fair

... prizes in square dances," the leader of the group, a 53-year-old who gave her surname as Zhang, was quoted as saying. Some exhibition visitors said it's a novel thing at ChinaJoy and that they would m ...More

EJ Insight2014-08-01

Why Tai Wai rental flats are looking pretty

...      A 27 square-meter shoe-box flat at Grandeur Garden, a private housing estate built in the 1980s by Sun Hung Kai Properties (00016.HK) near the Tai Wai rail station, was leased for HK$9,000 (US$1, ...More

EJ Insight2014-07-31

Zhuhai a world away from Hong Kong

... eople per square kilometer, compared to 5,282 in Shenzhen and 18,516 in Macau; the average per capita living space is 28.6 square meters. The slow industrial growth looks bad for the GDP figure but ha ...More

EJ Insight2014-07-31

Beijing feels heat as property market cools

...  yuan per square meter, the highest floor price on record in the nation's capital. Neither received bids. The last time a Beijing residential site went unsold was in April 2011, Centaline Property dat ...More

EJ Insight2014-07-30

Geologists unearth largest-ever gold reserve in Xinjiang

... in the 20-square-km Sawayaerdun deposit, he said. In 2013, the bureau also discovered two gold deposits with proven reserves of more than 50 tons each in the counties of Xinyuan and Hejing, the report ...More

EJ Insight2014-07-30

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