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Centaline Property Agency Limited was founded in 1978 by Shih Wing-ching. Initially focused on the residential sector, Centaline branched out to various sectors including commercial , industrial, retail, car-parking spaces, bank-owned real estate properties and government quarters.
From the website's launch in 1999 to 2003, the average number of monthly page views for its maps increased from 0.1 to 4 million. [11] In November 2003, Centamap was the first mapping service licensed by the Hong Kong Census and Statistics Department to disseminate census data at the building group level in addition to other GIS functions. [12]
The company initially focused on the residential sector in Hong Kong. To catch up with the rapid development in the property market, Ricacorp branched out to various sectors including commercial, industrial, retail, and overseas market in recent years. In 2005, the company set up Ricacorp (C.I.R) Properties and Ricacorp (Macau) Properties limited.
In 1978 he established Centaline Property Agency Limited, which is now one of the largest property agencies in both Hong Kong and China. [ 1 ] Shih is chairman of the board of Governors of Hong Kong Sinfonietta , a Council Member of Oxfam Hong Kong , and a Member of the Housing Authority , as well as the Commercial Properties Committee and the ...
It provides residential, industrial and commercial property brokerage services in Hong Kong, Macau and the People's Republic of China. [1] [2] The company was established in 1973 by Mr. Freddie Wong Kin Yip and started as a small real estate agency in Mei Foo Sun Chuen, Kowloon. [3] It was listed on Hong Kong Stock Exchange in 1995. [4]
NWD signed Hong Kong's first "Project Cooperation Agreement regarding Northern Metropolis" in December 2023, to develop a commercial and residential project in the Northern Metropolis with CR Land. [28] In 2024, NWD reported a HK$19.7 billion net loss for the year ended 30 June, the worst since the company was founded in 1970.
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The intensity spilled over to properties in neighbouring estates in Sham Tseng and Castle Peak, and stimulated a three-fold increase in transactions in the area in September compared with the month before, according to Centaline, Hong Kong's leading real estate agency chain.