Monthly Update: May 2011

Market News

In China, the government has increased the supply of land for subsidized housing dramatically in 2011 up 140% to 77,400 hectares. It is hoped that more affordable housing will soon be available to the many who need it within the urban areas.

In Shanghai, a recent poll found that one in every 175 people living there has a personal wealth of more than US$1.5 million (10 million Yuan). More than 132,000 people have reached this milestone mainly due to the rapid growth in Shanghai’s economy in the last year. The richest person was Eddie Ye with an estimated fortune of 15 billion Yuan. Unsurprisingly he is a property tycoon.

Pudong Skyline (night)photo © 2010 Kamal Zharif Kamaludin | more info (via: Wylio)

The doors opened on Galaxy’s flagship Casino project in Macau earlier this month. Queues formed for the grand opening which sees an extra 450 gambling tables added to the enclave’s total. Featuring a huge wave pool and more general attractions, it is hoped that the Galaxy Macau will attract a more diverse crowd including families who will stay for longer at the hotel. On average, people spend 1.5 days in Macau. It is hoped that by offering more of a holiday resort style Macau will be able to encourage people to stay for longer.

飯店林立photo © 2009 Albert Hsu | more info (via: Wylio)

On the mainland, house prices rose in 67 out of 70 cities monitored by the government in April. Smaller cities are defying the efforts made to cool property prices across the country.

Poll Result

We asked for thoughts on package benefits in our polls this month. Assuming that everyone received all the benefits listed, we asked which one’s people would want to see increased.

The results are as follows:

Over half of all respondents said they would like to see an increase in the amount of holiday they receive. In Asia, holiday allowance is generally much lower than internationally. However it is balanced with a greater number of public holidays so time off during a year is typically the same. Despite this it appears that most people feel that they receive too little holiday allowance in their packages. Nearly a quarter of you voted for an increase in housing allowance. It would be interesting to know if this is simply to cover increases in rent or to allow people to perhaps upgrade to bigger/better accommodations. We were quite surprised to see a relatively large number of people requesting increased medical benefits. We have seen more requests in recent months from candidates who would like more comprehensive medical cover but this is mainly to include family members.

All in all, an interesting poll. Thank you as always to everyone that voted.

There will be another poll to vote on in June so remember to check back soon.

What’s Hot

May has seen no let up in the number of requirements we have coming through.

Massive demand remains for Project Managers to work with developers up in China. If you are architecturally trained, have an engineering background (E&M, Civil or Structural) then we want to hear from you. Some developers are starting to consider candidates being stationed in Hong Kong with regular travel to accommodate those who simply don’t want to live in China. However, if you have experience in China and are happy to be stationed there, we can definitely come up with some really interesting options – we are working with many of Hong Kong’s top tier developers.

On the contractor side we have needs for strong Quantity Surveyors, Geotechnical Engineers and Project Directors (with fit-out backgrounds). We have been advised that needs are going to increase sharply in the coming months as more infrastructure projects come online so we’re always on the look out for strong infrastructure candidates.

In architecture and design, needs also remain high. It goes without saying that fluent Mandarin speakers will have greatest success securing options. There are roles in Hong Kong and across China and we have opportunities from many, many clients for candidates ranging from fresh graduates up to Senior Design Directors. Registered Architects are still required by many firms in Hong Kong. We have also seen an increase in Urban Design positions in the last month with a number of firms looking to take on candidates with strong experience in masterplanning in China. In interior design we have had a number of positions come in from clients, design companies and luxury retail brands. Retail interior design is booming at the moment and we have a need for candidates at all levels.

Most Urgent Requirements

We have outlined below the urgent vacancies we have had through from clients over the last month.

  • Senior Project Manager – Hong Kong – key role for a luxury retail fashion house
  • Senior Architect with Façade experience – Hong Kong – fantastic international architecture practice
  • Senior Interior Designer – Hong Kong – great little boutique retail architecture and design firm
  • Associates and Architects – Hong Kong – to work on some truly iconic transportation projects
  • Senior Urban Designer – Beijing or Shanghai – internationally acclaimed architecture team
  • Commercial Manager – Hong Kong or Shanghai – international fit-out contractor
  • Senior Project Managers (E&M) – Hong Kong and China – top tier developers across Hong Kong and China
  • Senior Geotechnical Engineer – Hong Kong – leading international contractor, infrastructure projects
  • Senior Architects – China – Mandarin speakers needed for a variety of top design names

We also have many, many more roles posted on our website and these are only an overview of our top positions at this time. Please check back regularly. The easiest way to stay up to date with our latest positions is to follow us on Twitter.

Please visit our website for more information on the above roles and our other vacancies:

http://www.ellicottlong.com/current-jobs.

If you wish to enquire about a position please send an email and your CV to apply@ellicottlong.com.

Follow us on Twitter here: www.twitter.com/ellicottlong. Please also subscribe to our blog by filling in the email subscription form on the right to stay up to date with our latest posts, updates and information.

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One Response to Monthly Update: May 2011

  1. Gold Coast Karate says:

    I enjoyed reading that post. Keep ’em coming.

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