Hong Kong Property Transaction Analysis Report

Feb-2005 Vol. 79 Hong Kong Property Transaction Analysis Report Report Date: 2005/4/4 Page Top 10 Mortgage Bank January 2 Domestic and Non-domestic Transaction Analysis 3 1'st and 2'nd Hand Residential Transaction Analysis 4 - Private Sector 4 - Home Ownership Scheme 4 Top 10 Private Estate Transaction Analysis 5 Top 10 H.O.S. Estate Transaction Analysis 6 Top 10 Transaction 7 - Office Transaction 7 - Shop Transaction 7 - Residential Transaction 8 - Industrial Transaction 8-9 This report was conducted by Land Search Online Limited. www.landsearch.com.hk Unit 1513-16, 15/F, Grand City Plaza No. 1 Sai Lau Kok Road, Tsuen Wan Hong Kong Tel: 24298333 Fax: 24233008 report@landsearch.com.hk P.1/9

Top 10 Mortgage Bank Market Sharing Bank Market Sharing % - Counting include new mortgage loan and refinancing mortgage loan. January BANK OF CHINA (HK) 17.9% HANG SENG BANK 10.7% THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITE 9.4% STANDARD CHARTERED BANK 8.1% THE BANK OF EAST ASIA 7.9% WING HANG BANK 4.5% WING LUNG BANK 4.4% DAH SING BANK 1.9% BANK OF AMERICA (ASIA) 1.9% Others 33.3% Total WING LUNG BANK 4.4% DAH SING BANK 1.9% Top 10 Mortgage Bank BANK OF AMERICA (ASIA) 1.9% WING HANG BANK 4.5% Others 33.3% THE BANK OF EAST ASIA 7.9% STANDARD CHARTERED BANK 8.1% THE HONGKONG AND SHANGHAI BANKING CORPORATION 9.4% HANG SENG BANK 10.7% BANK OF CHINA (HK) 17.9% BANK OF CHINA (HK) HANG SENG BANK THE HONGKONG AND SHANGHAI BANKING CORPORATION STANDARD CHARTERED BANK THE BANK OF EAST ASIA WING HANG BANK WING LUNG BANK DAH SING BANK BANK OF AMERICA (ASIA) Others P.2/9

Domestic and Non-domestic Transaction Analysis HKSAR. Hong Kong District fr. 01/Feb-15/Feb (%) (%) Price Non-domestic 126 7.2% $699 10.5% $5.55 Domestic 1,632 92.8% $5,947 89.5% $3.64 Total 1,758 $6,646 District Non-domestic 327 27.9% $1,033 30.0% $3.16 Domestic 843 72.1% $2,413 70.0% $2.86 Total 1,170 $3,446 New Territories District Non-domestic 211 12.8% $314 9.4% $1.49 Domestic 1,432 87.2% $3,019 90.6% $2.11 Total 1,643 $3,333 All District Non-domestic 664 14.5% $2,046 15.2% $3.08 Domestic 3,907 85.5% $11,379 84.8% $2.91 Total 4,571 $13,425 Non-domestic Transaction Domestic Transaction New Territories 31.8% New Territories 36.7% Hong Kong 19.0% 21.6% 49.2% Hong Kong 41.8% Hong Kong New Territories Hong Kong New Territories P.3/9

1'st and 2'nd Hand Transaction Analysis HKSAR. Private Sector 1'st Hand Transaction fr. 01/Feb-15/Feb Hong Kong 957 $3,693.0 4669 297 $1,153.5 9840 New Territories 709 $1,599.2 17657 Total 1963 $6,445.7 32166 1'st Hand Transaction HKSAR in which the properties are directly sold by the developers. HOS Secondary Market -Number of registration of Purchase of "Home Ownership Scheme" properties from the HKSAR in which no premium settlement record was found in the Land Search Online database. 2'nd Hand Transaction Hong Kong 682 $2,380.4 14045 737 $1,970.7 14071 New Territories 911 $1,818.5 17603 Total 2330 $6,169.5 45719 Home Ownership Scheme Secondary Market fr. 01/Feb-15/Feb fr. 01/Feb-15/Feb Hong Kong 32 $38.7 573 71 $86.0 1066 New Territories 180 $177.9 2933 Total 283 $302.6 4572 HOS Open Market Purchase of "Home Ownership Scheme" properties from the HKSAR in which the premium settlement record was found in the Land Search Online database. Open Market fr. 01/Feb-15/Feb Hong Kong 6 $8.6 92 32 $39.7 300 New Territories 49 $46.1 726 Total 87 $94.3 1118 P.4/9

Top 10 Private Estate Transaction Analysis Hong Kong 01/Feb-15/Feb Price THE MERTON 917 $3,392.2 $3.7 886 85 41 TAIKOO SHING 26 $98.3 $3.8 675 4 563 SOUTH HORIZONS 25 $67.9 $2.7 667 3 352 HKSAR covering the 1st DISCOVERY BAY 24 $93.3 $3.9 781 2 772 and 2nd hand transaction. HENG FA CHUEN 19 $57.2 $3.0 723 2 202 KORNHILL 12 $33.1 $2.8 588 2 259 CHI FU FA YUEN 11 $20.2 $1.8 518 6 165 THE BELCHERS 9 $59.9 $6.7 852 2 206 NAN FUNG SUN CHUEN 7 $13.0 $1.9 474 3 103 ISLAND RESORT 7 $27.4 $3.9 - - 194 Total: 1057 $3,862.5 2857 01/Feb-15/Feb Price MEI FOO SUN CHUEN 57 $121.4 $2.1 680 8 884 SKY TWR 31 $87.2 $2.8 639 9 727 WHAMPOA GDN 24 $75.3 $3.1 469 3 426 ROYAL PENINSULA 22 $106.6 $4.8 1248 2 133 BANYAN GDN 19 $50.5 $2.7 630 3 106 TELFORD GDN 16 $28.7 $1.8 562 2 171 LAGUNA VERDE 15 $78.3 $5.2 798 2 367 LAGUNA CITY 14 $32.7 $2.3 644 5 280 ISLAND HARBOURVIEW 13 $82.3 $6.3 1052 2 207 THE PACIFICA 12 $36.8 $3.1 658 4 668 Total: 223 $699.8 3969 New Territories 01/Feb-15/Feb Price PARK ISLAND 177 $545.4 $3.1 653 41 1350 CARIBBEAN COAST 147 $419.5 $2.9 749 44 548 KINGSWOOD VILLAS 42 $48.2 $1.1 709 8 552 CITY ONE SHATIN 30 $41.9 $1.4 395 10 690 FAIRVIEW PARK 23 $79.7 $3.5 - - 273 YOHO TOWN 18 $30.7 $1.7 550 3 271 METRO CITY 17 $31.6 $1.9 515 3 296 TSUEN WAN CTR 17 $14.0 $0.8 490 5 232 PARK CENTRAL 14 $30.8 $2.2 617 4 312 SUNSHINE CITY 12 $21.9 $1.8 464 3 273 Total: 497 $1,263.7 4797 P.5/9

Top 10 HOS Transaction Analysis Hong Kong 01/Feb-15/Feb HKSAR covering the transaction of secondary and open market. Price KORNHILL 4 $8.4 $2.1 717 3 50 LOK HIN TERR 3 $4.1 $1.4 712 2 21 YUE FAI COURT 3 $3.2 $1.1 502 2 31 NEPTUNE TERR 2 $3.2 $1.6 - - 17 FULLVIEW GDN 2 $2.3 $1.2 - - 69 CHEERFUL GDN 2 $3.1 $1.6 - - 33 TUNG CHUN COURT 1 $2.0 $2.0 - - 17 YUE ON COURT 1 $1.4 $1.4 - - 40 GREENWOOD TERR 1 $1.2 $1.2 - - 33 TUNG HEI COURT 1 $1.8 $1.8 - - 32 Total: 20 $30.7 343 01/Feb-15/Feb Price LUNG POON COURT 8 $10.7 $1.3 579 4 123 RICHLAND GDN 3 $3.1 $1.0 474 2 189 CHUN MAN COURT 3 $4.5 $1.5 - - 54 HONG TIN COURT 3 $3.9 $1.3 488 2 26 TIN MA COURT 3 $2.7 $0.9 495 2 72 CHARMING GDN 3 $5.4 $1.8 - - 51 HONG PAK COURT 2 $2.9 $1.5 710 2 66 HONG WAH COURT 2 $1.7 $0.9 - - 60 BEL AIR HTS 2 $5.3 $2.7 - - 10 PO PUI COURT 1 $1.1 $1.1 - - 29 Total: 30 $41.3 680 New Territories 01/Feb-15/Feb Price AFFLUENCE GDN 7 $4.5 $0.6 644 4 75 SIU HONG COURT 6 $4.2 $0.7 564 2 134 CHEVALIER GDN 5 $6.3 $1.3 - - 103 KAM ON COURT 5 $6.3 $1.3 709 3 22 SUI WO COURT 5 $4.8 $1.0 537 2 114 FU NING GDN 4 $4.8 $1.2 660 2 71 KA TIN COURT 4 $3.9 $1.0 576 4 42 KING TIN COURT 4 $4.3 $1.1 565 2 36 PRIME VIEW GDN 4 $2.1 $0.5 462 2 38 SIU LUN COURT 4 $2.8 $0.7 515 2 75 Total: 48 $44.0 710 P.6/9

Top 10 Transaction Office Transaction (Registration : 01/Feb-15/Feb) Property Address FULLCORP CENTRE NOS.53-55 CHATHAM ROAD SOUTH KOWLOON Transaction Date 01/28/2005 Price $296.00 16/F CHINA MERCHANTS TOWER SHUN TAK CENTRE NOS.168-200 CONNAUGHT ROAD CENTRAL HONG KONG 6/F OF TOWER I ADMIRALTY CENTRE NO.18 HARCOURT ROAD HONG KONG SHOPS C & E ON G/F,2/F-3/F,OFFICES 1 & 2 ON 4/F,5/F-8/F,10/F,11/F13/F-17/F WITH FLAT ROOF KAM CHUNG BUILDING NOS.52-58 JAFFE ROAD HONG KONG OFFICES 1402-1411 ON 14/F OF TOWER 1 SILVERCORD NO.30 CANTON ROAD KOWLOON 01/17/2005 01/27/2005 01/10/2005 01/27/2005 $160.00 $125.30 $108.00 $102.00 OFFICES ON 6/F AND CARPARK NOS.29 & 57 ON 2/F CITICORP CENTRE 18 WHITFIELD ROAD HONG KONG OFFICES 8-11 ON 18/F GREAT EAGLE CENTRE NO.23 HARBOUR ROAD HONG KONG 01/27/2005 02/04/2005 $36.80 $34.00 ROOM 3302 ON 33/F OF TOWER ONE LIPPO CENTRE NO.89 QUEENSWAY HONG KONG 01/25/2005 $32.00 7/F OF TOWER I ENTERPRISE SQUARE NO.9 SHEUNG YUET ROAD KOWLOON UNITS 1C-1D ON 14/F OF TOWER II ADMIRALTY CENTRE NO.18 HARCOURT ROAD HONG KONG 01/27/2005 02/02/2005 $22.00 $21.20 Shop Transaction (Registration : 01/Feb-15/Feb) Property Address FULLCORP CENTRE NOS.53-55 CHATHAM ROAD SOUTH KOWLOON SHOPS C & E ON G/F,2/F-3/F,OFFICES 1 & 2 ON 4/F,5/F-8/F,10/F,11/F13/F-17/F WITH FLAT ROOF KAM CHUNG BUILDING NOS.52-58 JAFFE ROAD HONG KONG Transaction Date Price 01/28/2005 $296.00 01/10/2005 $108.00 SHOPS 1-17 (EXCLUDING SHOPS 4,13 & 14) ON G/F EMPRESS PLAZA NOS.17-19 CHATHAM ROAD SOUTH KOWLOON SHOPS 7 & 8 ON G/F AND 1/F HANG LUNG MANSION NO.46 DUNDAS STREET KOWLOON 01/20/2005 $75.00 01/10/2005 $69.30 G/F NO.9 TUNG CHOI STREET KOWLOON 12/28/2004 $61.50 SHOP 29G ON G/F KOWLOON CENTRE NOS.29-39 ASHLEY ROAD KOWLOON 01/24/2005 $44.80 SHOPS F1-F3 ON G/F WAI WAH BUILDING NOS.66-76 GRANVILLE ROAD KOWLOON 02/03/2005 $34.00 ROOM G26-G27 ON G/F SINO CENTRE NOS.582-592 NATHAN ROAD KOWLOON 12/24/2004 $31.50 SHOP B & C ON G/F,OFFICES A-B ON 1/F CHEUNG KING MANSION NO.144 AUSTIN ROAD KOWLOON SHOP A1 ON G/F SKYWAY MANSION NOS.289-295 PORTLAND STREET KOWLOON 02/04/2005 $30.50 01/20/2005 $26.50 P.7/9

Residential Transaction (Registration : 01/Feb-15/Feb) Property Address HOUSE 3 AND CARPARK NO.6 NO.28 GOUGH HILL ROAD HONG KONG Transaction Date Price 01/26/2005 $154.30 HOUSE 5 NO.1 SHOUSON HILL ROAD EAST HONG KONG 01/15/2005 $60.60 HOUSE C29 REGALIA BAY NO.88 WONG MA KOK ROAD HONG KONG 01/11/2005 $58.00 HOUSE 20 AND CARPARK NOS.2 & 6 NOS.16-22 HAMPSHIRE ROAD KOWLOON 01/05/2005 $54.00 FLATS A-B ON 3/F AND CARPARK NOS.12A,14 & 15 ON LG/F WHITE JADE BUILDING NO.51 STUBBS ROAD HONG KONG NO.109 WATERLOO ROAD KOWLOON 01/26/2005 $53.20 01/09/2005 $51.00 HOUSE NO.2 3RD STREET HONG LOK YUEN NEW TERRITORIES 01/22/2005 $42.80 NO.3 STAFFORD ROAD KOWLOON 01/04/2005 $39.80 HOUSE 1 OXFORD LANE THE ROYAL OAKS NORTH NEW TERRITORIES 01/05/2005 $35.20 APARTMENT D ON 11/F BLOCK CD AND CARPARK NO.88 OF GRENVILLE HOUSE NOS.1-3 MAGAZINE GAP ROAD HONG KONG 01/03/2005 $33.00 Industrial Transaction (Registration : 01/Feb-15/Feb) Property Address 3/F-6/F OF THE PODIUM EVER GAIN PLAZA NO.88 CONTAINER PORT ROAD KWAI CHUNG NEW TERRITORIES Transaction Date 02/04/2005 Price $60.0 14/F OF TOWER ONE EVER GAIN PLAZA NO.88 CONTAINER PORT ROAD KWAI CHUNG NEW TERRITORIES 01/14/2005 $31.4 NO.68 HOW MING STREET KOWLOON 01/26/2005 $26.3 UNITS 901-920 (EXCLUDING UNITS 904 & 914) ON 9/F OF TOWER B REGENT CENTRE NO.70 TA CHUEN PING STREET KWAI CHUNG NEW TERRITORIES 01/25/2005 $19.6 PORTION A ON 7/F TIN LUNG FACTORY BUILDING NO.42 BELCHER'S STREET;FLAT A ON 13/F KAM MOW INDUSTRIAL BUILDING NO.44 BELCHER'S STREET HONG KONG 01/17/2005 $15.0 PORTION ON G/F TUNG KIN FACTORY BUILDING NO.196-202 TSAT TSZ MUI ROAD HONG KONG 01/20/2005 $14.2 6/F-7/F HENG SANG FACTORY BUILDING NOS.185-187 WAI YIP STREET KOWLOON 01/21/2005 $13.0 P.8/9

UNITS 8-15 ON 25/F METRO LOFT NO.38 KWAI HEI STREET KWAI CHUNG NEW TERRITORIES 01/27/2005 $12.7 UNIT M ON 6/F KAISER ESTATE 3RD PHASE NO.11 HOK YUEN STREET KOWLOON 01/24/2005 $10.5 8/F HOW MING FACTORY BUILDING NO. 99 HOW MING STREET KOWLOON 01/14/2005 $10.0 *To subscribe this report regularly for free, please visit our web site: www.landsearch.com.hk *For any other special reports on property market analysis, please feel free to contact us: Land Search Online Limited Tel : 24298333 Fax: 24233008 report@landsearch.com.hk P.9/9