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1 September 2001
News Stories:August Headlines

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1. Speculators join queue for Housing Society flats

2. The Key to tourism

3. Home prices could stage a 10 per cent recovery

1. Two Jailed for Piling Scam

The Housing Society's Cayman Rise residential development in western Mid-Levels has attracted the strongest interest in the property market this year with more than 4,400 prospective buyers registering for the 432 units on offer today. Agents say many of the potential buyers are apparently eager to speculate on the units, thereby indicating a possible bright spot in the otherwise lackluster housing market.

[Source: HK-iMail, 1 September 2001]

2. The Key to tourism

The plan to reinvent Central Police Station and its surrounds as a social hub with markets, galleries, restaurants and bars involves complex decision, writes Annemarie Evans. The complex was the focus of a feasibility project commissioned in 1998 by Swire Properties and carried out by Project Chambers, a group of experts including landscape architect and urban planners who assessed whether the site's 17 buildings and surroundings could be adapted to other uses.

[Source: SCMP, 1 September 2001]

3. Home prices could stage a 10 per cent recovery

Within one or two months if the Government delivers a clear housing policy to remove its interventionist measures, according to UBS Warburg.

[Source: SCMP, 1 September 2001]




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