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Hong Kong’s URA may review compensation cuts for residents affected by redevelopment
  • Hong Kong News

Hong Kong’s URA may review compensation cuts for residents affected by redevelopment

Cs news6 days ago02 mins

Hong Kong’s cash-strapped Urban Renewal Authority (URA) may review its policy to reduce compensation to residents affected by redevelopments, its new chief has said, as the organisation faces financial challenges. URA managing director Donald Choi Wun-hing said on Friday in his first meeting with the media that it was an appropriate time to review the…

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Hong Kong Urban Renewal Authority eyes Middle East, Europe investors for bonds
  • Hong Kong News

Hong Kong Urban Renewal Authority eyes Middle East, Europe investors for bonds

Cs news1 month ago02 mins

Hong Kong’s cash-strapped Urban Renewal Authority (URA) will issue another round of bonds this year and has reached out to investors in the Middle East and Europe, the body’s outgoing chief has revealed. Authority managing director Wai Chi-sing also said that two sites the government gave to the URA this month had strengthened its bargaining…

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Operation Santa Claus: HK$13.2 million raised in last 2 months of 2024
  • Hong Kong News

Operation Santa Claus: HK$13.2 million raised in last 2 months of 2024

Cs news6 months ago02 mins

Annual fundraising drive Operation Santa Claus (OSC) raised a substantial HK$13.2 million (US$1.7 million) in the last two months of 2024 to improve the lives of more than 11,000 underprivileged Hongkongers through 11 charities. Contributions to the 37th edition of the initiative, jointly organised by the South China Morning Post and public broadcaster RTHK, brought…

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Hong Kong homebuyers give the cold shoulder to New World-led Pavilia Forest II
  • Hong Kong News

Hong Kong homebuyers give the cold shoulder to New World-led Pavilia Forest II

Cs news9 months ago02 mins

New flats on offer in Kai Tak received a cool reception on Saturday, as Hong Kong homebuyers mostly stayed on the sidelines waiting for steeper discounts, which spoiled expectations of a strong turnout at the start of November after the monetary authority relaxed the city’s mortgage financing rules last month. Only one out of the…

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Hong Kong homebuyers give the cold shoulder to New World-led Pavilia Forest II
  • Hong Kong News

Hong Kong homebuyers give the cold shoulder to New World-led Pavilia Forest II

Cs news9 months ago02 mins

New flats on offer in Kai Tak received a cool reception on Saturday, as Hong Kong homebuyers mostly stayed on the sidelines waiting for steeper discounts, which spoiled expectations of a strong turnout at the start of November after the monetary authority relaxed the city’s mortgage financing rules last month. Only one out of the…

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Chinachem wins Hong Kong land tender with US$131 million bid amid subdued sentiment
  • Hong Kong News

Chinachem wins Hong Kong land tender with US$131 million bid amid subdued sentiment

Cs news9 months ago02 mins

Hong Kong property developer Chinachem Group won a government land tender in the New Territories at a price within market expectations amid muted sentiment for land bidding, consultants said. Keen Mighty Limited, a subsidiary of Chinachem Group Holdings, won the site in Sha Tin with a bid of HK$1.02 billion (US$131 million), the Lands Department…

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Hong Kong property: Chinachem’s Echo House in Cheung Sha Wan a hit with buyers
  • Hong Kong News

Hong Kong property: Chinachem’s Echo House in Cheung Sha Wan sell out as buyers return

Cs news9 months ago02 mins

Chinachem Group and the Urban Renewal Authority sold out all flats in Echo House on Sunday, the latest project to receive a warm reception from homebuyers following an easing of mortgage financing and a cut in interest rates. All 198 units in the Cheung Sha Wan project were sold after sales started at 9am, according…

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Hong Kong property: Chinachem’s Echo House in Cheung Sha Wan a hit with buyers
  • Hong Kong News

Hong Kong property: Chinachem’s Echo House in Cheung Sha Wan a hit with buyers

Cs news9 months ago02 mins

Chinachem Group and the Urban Renewal Authority sold out all flats in Echo House on Sunday, the latest project to receive a warm reception from homebuyers following an easing of mortgage financing and a cut in interest rates. All 198 units in the Cheung Sha Wan project were sold after sales started at 9am, according…

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