Browsing: Hong Kong

Office conversion plan for Paul Y Centre

Paul Y Centre, where Paul Y Engineering (0577) has its offices, is set for a wholesale conversion to commercial use if a planning application gets approved. In an application submitted late last month, the registered owners


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Construction output for 2012 highest since 1998

The value of construction output in Hong Kong for 2012 reached HK$159.6 billion, its best performance since 1998, as the industry continues to fire on all cylinders. According to latest provisional figures from Census and Statistics


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French International School plans green expansion

French International School is planning on expanding its existing Blue Pool Road school campus with a proposed extension nearby. In its planning statement submitted as part of the section 16 planning application last month, the school


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Swire Properties adjusted underlying profit surges 59%

Swire Properties (1972), the real estate arm of conglomerate Swire Pacific (0019), saw its adjusted underlying profit for 2012 surge by 59 percent to HK$6.93 billion thanks to sales at its AZURA residential project in Hong


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Lawmakers to study reprovisioning Yau Ma Tei police station

Legislators will meet Friday to study the government’s proposals to reprovision Yau Ma Tei police station to allow construction of the proposed Central Kowloon Route (CKR). According to a paper submitted by the Transport and Housing


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MTRC to book inventory flat sales in 2013

Railway operator and property developer MTRC (0066) will be relying on sales of inventory flats to prop up the  contributions from its property development business for the 2013 financial year. “Based on the existing construction programme,


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14 bidders for Ocean Park first hotel

Ocean Park’s tender for the development and operation of its first hotel has received keen interest from developers with over a dozen expressions of interest received so far. The theme park company’s chairman Allan Zeman confirmed


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Govt finds land for offsite cut and bend

Contractors could be in for some big savings in steelfixing costs if plans for land to house an offsite cut and bend facility for steel reinforcement fabrication get the go ahead from the government. Responding to


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New public works contracts worth HK$80 billion

Public works projects with a total value of nearly HK$80 billion are set to awarded in the new financial year as the government maintains its high level of capital works expenditure. According to the estimates included


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Govt, taxpayers foot bill for illegal channel work

The government and taxpayers have been left footing the bill after being forced to spend over a million dollars reinstating a drainage channel that was illegally diverted to allow building of an access road. The drainage


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