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Stephanie Li

H1 Hotel

Tang Shing-bor Bails on HK$328M Hotel Buy and More Hong Kong Real Estate Headlines

2020/04/18 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, evidence of a downturn continues to dominate as “Shop King” Tang Shing-bor is said to have forfeited a HK$32.8 million ($4.23 million) initial payment in order to back out of Kowloon hotel purchase.

… Read More>>

jordan shop

Jordan Shop Sells for 50% Off and More Hong Kong Real Estate Headlines

2020/04/13 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, a retail unit in Kowloon’s Jordan area was sold for HK$19 million — 50 percent below the original asking price. In the residential realm, a villa at Henderson Land’s Beverly Hills project in… Read More>>

Wang Yonghong Zhonghong

China Orient Asset Management Buys Unfinished Beijing Tower for RMB 3.3B on Taobao

2020/04/12 by Stephanie Li Leave a Comment

A mainland property investment group which once spent $449 million to buy control of the Seaworld amusement park group from Blackstone, saw one of its prized assets sold on Taobao this past week, as China continues to sweep up the… Read More>>

central shop front

Shop in Central Sells for 50% Off and More Hong Kong Real Estate Headlines

2020/04/08 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, a retail unit in Central was sold for HK$15 million — 50 percent below the original asking price. Also in the headlines, watch maker National Electronics Holding acquired a luxury house in Deep… Read More>>

110 Jervois Street

Sheung Wan Building Sells for HK$98M and More Hong Kong Real Estate Headlines

2020/04/06 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, a three-metre-wide building in Sheung Wan was sold for HK$98 million — a multiple of 41 times what the seller paid to acquire the property west of Central when Saturday Night Fever was… Read More>>

Mong Kok Site Sells for 20% Off and More Hong Kong Real Estate Headlines

2020/04/04 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, a mixed-use plot in protest-hit Mong Kok has sold at a 16-year low price as real estate values continue to feel the weight of the city’s sliding economy. Also, in the headlines, an… Read More>>

legend tower Kwun Tong

Boss of iPhone Screen Maker Buys in Kowloon East and More Hong Kong Headlines

2020/04/02 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, an office unit Kwun Tong has changed hands for around HK$11,200 per square foot as investors continue to seek cost-effective deals amid the city’s economic downturn. Also in the headlines, a “haunted” flat… Read More>>

Wanda Sports Offloads Ironman for $730M After Stock Value Halves

2020/03/31 by Stephanie Li Leave a Comment

Wanda Sports Group has agreed to sell its Ironman franchise to the owner of publishing house Conde Nast, just eight months after the company controlled by Chinese billionaire Wang Jianlin suffered 2019’s second-worst NASDAQ debut.

The sports and media unit… Read More>>

belle tower Hong Kong

First Group Spends HK$1.4B Buying Sites for Kowloon Office Project

2020/03/30 by Stephanie Li Leave a Comment

A Hong Kong developer has spent more than HK$1.4 billion ($180 million) this month to consolidate a Kowloon commercial project despite a slide in tenant demand that saw rents in the world’s priciest office market fall by the steepest rate… Read More>>

Lee Tze Bun Le Saunda founder

Hong Kong Shop Sold for Nearly Half Off as Virus Hits Retail

2020/03/25 by Stephanie Li Leave a Comment

Shoppers have disappeared from the streets of Hong Kong, and with retail sales dropping, some store owners in Asia’s most expensive city have resorted to selling the shop.

A store along Nathan Road in Mongkok — normally one of Hong… Read More>>

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