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Stephanie Li

Tai Cheung Wins Site in Hong Kong’s Ap Lei Chau for HK$1.33B

2020/05/29 by Stephanie Li Leave a Comment

Hong Kong developer Tai Cheung Holdings last week won a residential site on the city’s Ap Lei Chau island with a bid more than 14 percent above some analyst predictions, despite forecasts of slide property values in the city.

The… Read More>>

ngai_chun_hung2

HK-Listed Builder Buys Mong Kok Residential Site for HK$330M

2020/05/27 by Stephanie Li Leave a Comment

Hong Kong-listed developer Vantage International has agreed to acquire an apartment building in Mong Kok for HK$330 million ($42.6 million), according to a local news report yesterday.

The company, which is part of the Vantage Group alongside its Able Engineering… Read More>>

tang shing bor

Hong Kong Shop King’s Try at HK$1.5B Sale Signals Shift to Senior Living

2020/05/25 by Stephanie Li Leave a Comment

Hong Kong’s “Shop King”, Tang Shing-bor, has put a portfolio of commercial and residential properties on the market for a combined HK$1.5 billion ($190 million), according to a local news report.

Property consultancy Savills, which is marketing the Kowloon and… Read More>>

ivan ho kailong

Kailong Sells 8 Floors in Central for HK$350M Despite HK Downturn

2020/05/25 by Stephanie Li Leave a Comment

Real estate fund manager KaiLong is reported to have sold eight office floors in a commercial property in Hong Kong’s Sheung Wan neighbourhood for a combined HK$350 million ($45 million), as the Warburg Pincus-backed firm continues its strata sales strategy… Read More>>

adrian cheng

New World Selling Commercial Space in Central for HK$500M

2020/05/23 by Stephanie Li Leave a Comment

New World Development has agreed to sell the podium levels of the Cosco Tower in Hong Kong’s Sheung Wan area for 45 percent less than the property giant had been asking for the commercial property just three months ago, according… Read More>>

VIctor Li Ck Asset

CK Asset Pays HK$4.95B for HK’s First Public–Private Residential Project

2020/05/20 by Stephanie Li Leave a Comment

A property conglomerate chaired by the son of Hong Kong’s richest man, Li Ka-shing, has won a tender to develop the city’s first residential project combining private and government-subsidised homes.

The city’s Lands Department announced yesterday that it had awarded… Read More>>

Shenzhen’s Realord Makes HK$500M Offer for Hong Kong’s Sincere Department Stores

2020/05/19 by Stephanie Li Leave a Comment

Mainland electronics conglomerate Realord Group Holdings has made a voluntary conditional cash offer to buy out Hong Kong’s Sincere Group in a deal that values the city’s oldest Chinese-owned department store group at HK$500 million ($65 million), according to a… Read More>>

Billionaire Developer Targets HK$700M Forced Sale in Western HK

2020/05/17 by Stephanie Li Leave a Comment

One of Hong Kong’s wealthiest men has moved a step closer to developing a residential complex in the city’s Sai Ying Pun district after successfully applying for a compulsory sale of the remaining units in a 61-year-old walk-up near the… Read More>>

Andre Fu AFSO

Casino Heir Buys Office in Central for HK$73.8M and More Hong Kong Real Estate Headlines

2020/05/13 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, the heir of Macau casino tycoon Fu Tak Iam has decided to take a gamble on a strata title office floor in Central, while WeWork has surrendered leases amounting to 20 percent of… Read More>>

pan sutong

Hong Kong-listed Goldin Sells Kai Tak Residential Plot at HK$2.6B Loss

2020/05/11 by Stephanie Li Leave a Comment

Goldin Financial Holdings has agreed to sell a residential site on Hong Kong’s former airport at a HK$2.6 billion ($340 million) loss, as the company seeks to free up cash amid a downturn in the Asian financial hub.

The financial… Read More>>

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