Leading today’s Hong Kong news roundup, a coveted residential plot in Kowloon Tong has drawn ten bids, and is expected to sell for anywhere from HK$10 billion ($1.28 billion) to HK$16.6 billion ($2.12 billion) — making it the most expensive… Read More>>
Causeway Bay Shop Loses 14% of Value in Two Years and More Hong Kong Real Estate Headlines
Heading today’s Hong Kong news roundup, a shop space in the Causeway Bay retail hub has changed hands for a bundle of money — more, in fact, than the asking price for another shop in the New Territories that’s 25… Read More>>
Credit Suisse Says Housing Market Cooling Down and More Hong Kong Real Estate Headlines
After a year of sizzling price increase, Hong Kong’s housing market leads the news today with signs of a cool down. Also in the headlines, a strata-titled office floor has changed hands and the city’s housing crisis may get some… Read More>>
VF Corp Said To Lease Kwun Tong Office and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong news roundup, the owner of apparel brands Nautica, Timberland and The North Face may soon be neighbours with WeWork after signing a major lease in Mapletree’s new office tower in Kwun Tong. Also in the headlines,… Read More>>
Henderson Buys Kennedy Town Site for HK$470M and More Hong Kong Real Estate Headlines
Fresh off of selling a North Point project to China Taiping and friends for HK$9.95 billion, Henderson Land may be trying again in Hong Kong’s Kennedy Town, according to the most recent headlines. Also in the news, December may be… Read More>>
Wang On Said Buying Pokfulam Project for HK$900M and More Hong Kong Real Estate Headlines
Hong Kong’s property market continues its hot streak in the new year with Wang On and Sun Hung Kai each reportedly buying new assets during the first week of 2018. Henderson Land is also in a buying mood as it… Read More>>
PAG, Hanison Sell Hong Kong Workshop to Tang Shing-bor for HK$1.04B
Hong Kong chief executive Carrie Lam announced in early October that government bureaus are developing new policies to revitalise old industrial buildings for non-industrial use, but the city’s real estate investors have already begun buying up aging workshops and warehouses… Read More>>
Mainland Demand Drove Hong Kong Office Rents Still Higher in November
Grade A office rents in Hong Kong’s Central district continued to rise in November, edging upwards by 0.3 percent compared to the previous month, despite a slight increase in vacancy in the city’s prime business district, according to a recently… Read More>>
Keppel Land Buys Wuxi Site for RMB 2.5B With Plans to Build 2,755 Homes
Singapore’s Keppel Land has purchased an 18 hectare residential site in Wuxi, China, for RMB 2.53 billion ($387 million) via a government land tender, the company announced on Monday.
Approved for development of a gross floor area of about 360,500 square… Read More>>
Shop King Buys Hang Lung Retail Centre for HK$330M and More Hong Kong Real Estate Headlines
Hong Kong’s real estate deal makers don’t seem to have taken much of a holiday break, as we come back after Christmas with news of the city’s shop tycoon buying retail project in the New Territories from Hang Lung, and… Read More>>
