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Shawna Kwan

Holland Village MRT

15 Bidders Vie for $759M Site on Singapore’s Holland Road

2018/03/21 by Shawna Kwan Leave a Comment

A public tender for a mixed-use commercial and residential site valued at over S$1 billion ($759 million) in Singapore’s Bukit Timah neighbourhood has drawn 15 bids from a roster of property heavyweights including CapitaLand, UOL Group and Lendlease.

Ten consortia… Read More>>

63 Pok Fu Lam Road

Container-Sized Flat Sells For HK$8M and More Hong Kong Real Estate Headlines

2018/03/21 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, a 209 square foot apartment in Pok Fu Lam broke the price record for micro-sized flats in the city as Hong Kongers continue to show that no foothold is too tiny for jumping… Read More>>

Metropole Square

Jewelry Group Bags Office in Shatin for HK$650M and More Hong Kong Real Estate Headlines

2018/03/20 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Luk Fook Holdings may be betting that the city’s real estate is even more valuable than the gold it sells in its shops after the jewellery retailer acquired four floors in an office… Read More>>

Christian Lee WeWork

WeWork Leases Four Floors From Swire in Hong Kong’s Quarry Bay

2018/03/20 by Shawna Kwan Leave a Comment

WeWork has leased four floors in Swire Properties’ Taikoo Shing on Hong Kong island, the company has revealed to Mingtiandi, as the US co-working startup confirms an expansion plan first reported last November.

The 54,000 square foot space in Cityplaza… Read More>>

Singapore skyline office rents

Singapore Expats Rejoice as Town Ranks Tops for Living

2018/03/20 by Shawna Kwan Leave a Comment

Singapore once again takes the crown as Asia’s best city for expatriates, according to the Mercer 2018 Quality of Living survey which grades 231 cities according to factors like banking services, political stability, healthcare, electricity and crime. The top placement… Read More>>

Pan Wei Ming

Mainland Developer Fullsun Buys Kowloon Condo Project for $117M

2018/03/19 by Shawna Kwan Leave a Comment

Hong Kong-listed mainland property developer Fullsun International has agreed to purchase a residential project in Ho Man Tin, an upmarket residential area in central Kowloon, for HK$920 million ($117 million), according to a filing to Hong Kong Stock Exchange.

The… Read More>>

Home Prices Drop in Beijing, Shanghai and Shenzhen as China Property Freeze Drags On

2018/03/19 by Shawna Kwan Leave a Comment

The number of mainland cities seeing new home prices rise dropped to 44 in February from 50 the previous month, according to the latest figures from China’s National Bureau of Statistics, as demand suppression measures decreed by the government continued… Read More>>

Weber Lo Hang Lung

Hang Lung CEO Philip Chen Passes Torch to Weber Lo and More Hong Kong Real Estate Headlines

2018/03/16 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Weber Lo will step up as developer Hang Lung’s new CEO starting in May, taking over from Philip Chen. Also in the headlines, design firm Benoy sees Instagram-worthy opportunities to develop the site… Read More>>

Sun Hongbin Kaisa

Sun Hongbin Resigns as Chairman of LeEco Unit as Mainland Media Firm Fails

2018/03/16 by Shawna Kwan Leave a Comment

Sunac chairman Sun Hongbin has stepped down as the chairman of Leshi Internet Information & Technology, a video streaming subsidiary of mainland new media trainwreck LeEco.

Sun resigned before his term’s expiration date of October 13 due to “job adjustments,”… Read More>>

Chen Feng HNA

HNA Sells Second Hilton Spin Off for $1.1B As Aviation Regulator Presses for Fuel Payment

2018/03/15 by Shawna Kwan Leave a Comment

Debt-wracked HNA Group is selling another Hilton spinoff for $1.1 billion, less than two weeks after it sold a $1.4 billion stake in Park Hotels & Resorts Inc. The mainland conglomerate is in desperate need of fresh cash as it… Read More>>

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