The Hong Kong Buildings Department approved 14 building plans and issued 15 entry sheets in February
The Hong Kong Buildings Department approved a total of 14 building plans in February, including 5 for Hong Kong Island, 4 for Kowloon and 5 for the New Territories; these include 9 residential and commercial developments, 2 commercial developments, and 3 community service developments.
Lai Sun Development Company Limited (HKG:488) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely
To the annoyance of some shareholders, Lai Sun Development Company Limited (HKG:488) shares are down a considerable 26% in the last month, which continues a horrid run for the company. The recent d
CBRE: Progressive residential rating system has a big impact on developers with more luxury properties
The Hong Kong government mentioned earlier that it will introduce a progressive rating system for residential properties. Lin Ling, executive director of CBRE Hong Kong Valuation and Advisory Services, believes that this measure will have an impact on medium to luxury properties, and is expected to have a big impact on developers with more luxury properties.
截至二零二四年一月三十一日止六個月中期報告
Australia, China, India May Cut Rates Even If Fed Doesn't
The central banks of Australia, China, India, Korea and Thailand may decouple from the Fed and cut rates even if the U.S. central bank stands pat this year, Nomura analysts say in a note. The APAC cen
Lai Sun Development's Unit to Sell 10% Stake in Investment Holding Company
Real estate developer Lai Sun Development's (HKG:0488) unit Peakflow Profits will sell its 10% equity stake in Bayshore Development Group to Grand Design Development, a Tuesday filing on the Hong Kong
Lai Sun Development plans to sell 10% of Bayshore Development's shares
Lai Sun Development (00488) and Lai Sun International (00191) jointly announced that on April 8, 2024, Peakflow Profits Limited, a wholly-owned subsidiary of Lai Sun Development, plans to sell 10% of Bayshore Development's shares to Grand Design Development Limited at an initial cost of approximately HK$1,421.6 billion. Based on initial costs, Lai Sun Garment Group and Lai Sun Development Group are each expected to lose approximately HK$155 million on the sale. According to reports, B
Lai Sun Development to Sell Stake to Property's Majority Owner AIA
Lai Sun Development to Sell Stake to Property's Majority Owner AIA
Lai Sun Development to Sell 10% Equity Interest in Hong Kong Property for HK$1.42B
Lai Sun Development to Sell 10% Equity Interest in Hong Kong Property for HK$1.42B
Lai Sun Development to Use Divestment Proceeds to Repay Debt
Lai Sun Development to Use Divestment Proceeds to Repay Debt
Lai Sun International (00191.HK) and Lai Sun Development (00488.HK): Sale of 10% shares in Bayshore Development
Gelonghui, April 8, 丨 Lixin International (00191.HK) and Lixin Development (00488.HK) announced that on April 8, 2024, the seller Peakflow Profits Limited (a wholly-owned subsidiary of Lixin Development) and the buyer Grand Design Development Limited entered into a sales agreement for the sale of shares (10% of Bayshore Development's shares). Bayshore Development holds all legal and beneficial interests in the property
China's Economy Expected To Surge 5.3% This Year, Fueled By Property Sector Stabilization And Regional Growth: AMRO
The ASEAN+3 Macroeconomic Research Office (AMRO) anticipates China's economy to expand by 5.3% this year, bolstered by the stabilizing property sector and improving external demand.What Happened: AMRO
China's Service Economy Expands Further, Adding to Signs of Recovery
A private gauge of China's services activities notched a 15th straight month of growth, adding to signs of green shoots in the world's second-largest economy as government stimulus measures kick in.
Hong Kong Homebuyers Flock to New Projects, Shunning Used Flats
Hong Kong homebuyers are snapping up new properties after the government cut taxes last month.
Zhongyuan Real Estate: The Hong Kong property market is expected to reach 5,000 first-hand transactions in March and is expected to recover a 15% decline by the end of the year
The property market clearly regained prosperity in March. In March, the Hong Kong property price index will reflect the new situation in the property market after the withdrawal. The index is expected to stop falling and stabilize, or even rise slightly.
Knight Frank: Maintaining an L-shaped forecast for property prices in Hong Kong this year, it is expected to drop by up to 5%
Maintaining the original L-shaped forecast for this year's property price trend, there is still an opportunity for property prices to fall by 3% to 5% in the first half of the year, stabilized slightly in the second half of the year, and is expected to remain flat or fall by up to 5% throughout the year.
American League: It is expected that the turnover of commercial stores in Hong Kong will rise by 20% year-on-year this year, and prices are still under pressure
Recently, the Hong Kong Government introduced a number of favorable policies to promote the development of the real estate industry
Lai Sun Development (00488) announced interim results. Losses attributable to shareholders of HK$1,853 billion increased 36.17% year over year
Lai Sun Development (00488) announced interim results for the six months ended January 31, 2024, and the group completed operations...
LAI SUN DEV: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 JANUARY 2024
Li Jia Court: Hong Kong's 50 target housing estates recorded 150 sales last week, a 54-week high
The Zhitong Finance App learned that Chen Haichao, head of the research department of Lijiagge Real Estate, said that the “bamboo shoots” of second-hand housing estates have yet to be added after the previous round of rapid digestion. As owners tend to hesitate to sell one after another, the transaction progress has slowed slightly.
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