Archive for November, 2006

Developers raise prices after HK land auction

Wednesday, November 29th, 2006

Developers are hiking or reviewing their selling prices on the back of bullish sentiment in the property market following Tuesday’s healthy land auction for two sites at Kowloon Tong and Ma On Shan.
Cheung Kong (Holdings) (0001) will add up to 8.8 percent at its Sausalito project in Ma On Shan, pushing prices up to as [...]

Hong Kong land auction takes 5.18 billion HK dollars

Wednesday, November 29th, 2006

Hong Kong’s latest government land auction made a great success Tuesday by reaping 5.18 billion HK dollars (664 million U.S. dollars) on two sites totaled at 22, 528 square meters.
Hong Kong tycoon Li Ka-shing’s Cheung Kong won the auction of the larger lot at 176,960 square foot (16,400 square meter) in Ma On Shan, New [...]

Gulmarg land auction on hold

Sunday, November 26th, 2006

After days of dilly-dallying, the government has finally put on hold the auction of land in the tourist resort of Gulmarg. The decision follows widespread protests and fears that if the land is leased to “outsiders”, it will undermine the special identity granted to the state under Article 370 of the Constitution.
But the government’s backing [...]

South African beachhouse for auction

Friday, November 17th, 2006

A beachfront property in Gordon’s Bay is to be auctioned on site at 11:00 on Wednesday, November 22 by Pam Golding Commercial Auctions.
The house at 143 Beach Road, within walking distance of the beach, restaurants and shops, comprises three distinct divisions - all in good condition, say the auctioneers.
The top floor comprises three bedrooms, two [...]

Developer halts auction of Shanghai building

Thursday, November 16th, 2006

A Hong Kong-listed developer has called off a global auction of one of Shanghai’s most expensive apartment buildings, blaming government restrictions on foreign investment in Chinese real estate.
Tomson Group Ltd has been struggling with little success for a year to sell parts of its plush Tomson Riviera residential complex, where the biggest units have been [...]

Belize Land Sale Moved Foward

Wednesday, November 15th, 2006

One of the largest auctions of property in the history of Central America is off to an accelerated start, according to officials involved with the land sale.
The sale of nearly 17,000 acres of
prime coastal property in the nation of Belize in a sealed bid auction has
already attracted dozens of potential bidders, it was announced today [...]

Jonny Cash Tennessee Home for auction

Tuesday, November 14th, 2006

The four-bedroom Memphis, Tennessee home that once belonged to country star JOHNNY CASH is up for auction. The Walnut Grove Place house, where Cash and his first wife VIVIAN lived from 1957 to 1960, was placed under the hammer on Internet auction site eBay on Friday (10NOV06). The residence includes the guitar-shaped mailbox Cash erected [...]