Asian Surveying & Mapping
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Bricsys’ local partner, ACA Pacific, selected by Singapore government as Productivity Solutions Grant (PSG) vendor
The partnership will enable Singaporean companies to access the...
MapmyIndia joins hands with ISRO to boost 3D mapping
Homegrown navigation firm MapmyIndia on Friday said it has...
ISRO and Pataa to develop satellite image-based digital addresses
Bengaluru: Pataa Navigations and Indian National Space Promotion and Authorisation...
Esri UK launches careers resources to inspire more students to study geography and GIS
Esri UK today announced a new Careers with GIS...
Southeast Asia’s Grab to offer mapping services to other firms in search for profit
(Reuters) - Grab Holdings Ltd said on Wednesday it...
Hancom launches S. Korea’s 1st commercial Earth observation satellite
SEOUL - A SpaceX Falcon 9 rocket lifted off...
Chinese Automaker Launches Nine Satellites to Aid Self-Driving Cars
China’s Zhejiang Geely Holding Group unveiled the first nine...
NASA team in India to discuss on joint mission ‘NISAR’ with ISRO; launch likely by Q1 2023
A visiting delegation from the American Space Agency (NASA)...
South Korea Embarks On Domestic UAS Development
SEOUL—South Korea’s Agency for Defense Development (ADD) has confirmed...
Australian 5G Innovation Initiative SkyLink UTM Trials
The 5G UTM trial is part of an overall...

August 9th, 2011
Hong Kong Sells Land Below Surveyors’ Estimates

Hong Kong’s government, which is boosting housing supply to ease soaring home prices, today sold a site at auction 33 percent below estimates after stock markets were roiled by the U.S.’s debt downgrade. A group including Kerry Properties Ltd. and Sino Land Co. bought the land in the Sha Tin district on the first bid for HK$5.5 billion ($704 million), below the HK$8.25 billion median estimate of five in a Bloomberg News survey. Transactions of used apartments at the 10 biggest private projects in Hong Kong fell over the weekend from a week earlier as buyers were deterred by concerns the U.S.’s loss of its top credit rating will extend equity declines. Read More