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Cheng Kar-Shun, NWD

New World Taps China Resources to Develop $1.3B New Territories Residential Project

Cheng Kar-Shun, NWD

2023/12/27 by Christopher Caillavet Leave a Comment

New World Development has teamed with state-controlled China Resources Land on a residential joint venture worth a reported HK$10 billion ($1.28 billion), giving the debt-laden Hong Kong builder a chance to raise cash from farmland it owns in the New… Read More>>

New World Development has teamed with state-controlled China Resources Land on a residential joint venture worth a … Read more>>>

Robert Ng of Sino Land

Sole Bidder Sino Land Wins Lantau Island Residential Site for $26M

Robert Ng of Sino Land

2023/12/21 by Christopher Caillavet Leave a Comment

Hong Kong’s Lands Department on Wednesday awarded a residential development site on Lantau Island to Sino Land for HK$203.9 million ($26.1 million), defying expectations that the tender might be withdrawn.

The builder controlled by tycoon Robert Ng was the sole… Read More>>

Hong Kong’s Lands Department on Wednesday awarded a residential development site on Lantau Island to Sino Land for … Read more>>>

Lance Li ESR

BW and ESR Break Ground on Industrial Facility in Haiphong, Vietnam

Lance Li ESR

2023/12/21 by Kevin He Leave a Comment

Vietnamese developer BW Industrial has broken ground on its 10th project this year, and its third development joint venture with industrial giant ESR, with the two companies joining forces to build a new facility in Haiphong.

Together with its Hong… Read More>>

Vietnamese developer BW Industrial has broken ground on its 10th project this year, and its third development joint … Read more>>>

Robert Ng of Sino Land

Sino Land Enters Sole Bid for Lantau Residential Site in Hong Kong

Robert Ng of Sino Land

2023/12/18 by Christopher Caillavet Leave a Comment

A residential site on Hong Kong’s Lantau Island drew a single bid from local builder Sino Land at a tender that closed Friday, potentially setting the stage for a fourth withdrawn plot at government land sales in 2023.

The low-density… Read More>>

A residential site on Hong Kong’s Lantau Island drew a single bid from local builder Sino Land at a tender that closed … Read more>>>

Robert Ng of Sino Land

Sino Land JV Bags Kowloon Residential Site With $250M Bid

Robert Ng of Sino Land

2023/12/15 by Christopher Caillavet Leave a Comment

Hong Kong’s Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and partners China Merchants Land and Great Eagle Holdings winning a tender this week for a project in the Kai Tak area… Read More>>

Hong Kong's Sino Land continues to snap up Kowloon residential sites at bargain prices, with the local builder and … Read more>>>

OSK Property CEO Ong Ghee Bin

Malaysia’s OSK Teams with Gurner-Qualitas JV For $400M Aussie Rental Residential Project

OSK Property CEO Ong Ghee Bin

2023/12/09 by Beatrice Laforga Leave a Comment

OSK Property is adding a rental residential element to its Melbourne Square mega-project by teaming up with a local apartment platform for an A$400 million ($262 million) apartment project according to an announcement this past week.

The real estate arm… Read More>>

OSK Property is adding a rental residential element to its Melbourne Square mega-project by teaming up with a local … Read more>>>

Nomura Takes on Pair of Condo Projects Near Pattaya in Thai JV

2023/12/04 by Poonyapat Luenam Leave a Comment

Nomura Real Estate Development is investing in two condo projects in eastern Thailand through a joint venture with local developer Origin Nationwide, according to an announcement this week by the Japanese company.

Nomura has partnered with Origin to develop a… Read More>>

Nomura Real Estate Development is investing in two condo projects in eastern Thailand through a joint venture with local … Read more>>>

Kwek Leng Beng CDL

CDL Sells Tokyo Luxury Site for $340M as Japan Focus Shifts to Multi-Family

Kwek Leng Beng CDL

2023/11/29 by Poonyapat Luenam Leave a Comment

City Developments Ltd has divested a high-end residential site in Tokyo for JPY 50 billion ($340 million), with the Singaporean developer saying it intends to focus on rental residences in Japan.

CDL said in a bourse filing last week that,… Read More>>

City Developments Ltd has divested a high-end residential site in Tokyo for JPY 50 billion ($340 million), with the … Read more>>>

Swee Shou Fern of Edmund Tie

Industrial Facility in Singapore’s Paya Lebar Sold in $61M Deal

Swee Shou Fern of Edmund Tie

2023/11/23 by Beatrice Laforga Leave a Comment

A light industrial building in Singapore’s Paya Lebar area is being sold for S$81.18 million ($60.6 million) as investors continue to pay up for shed sites in the land-scarce city-state.

A tender for the collective sale of the Noel Building,… Read More>>

A light industrial building in Singapore’s Paya Lebar area is being sold for S$81.18 million ($60.6 million) as … Read more>>>

Martin Lee of Henderson Land

Henderson Faces Cost Quandary as 23-Storey Kowloon Tower Wins Compulsory Sale Nod

Martin Lee of Henderson Land

2023/11/23 by Kevin He Leave a Comment

Hong Kong developer Henderson Land has received approval for the compulsory sale of one of two blocks in the storied Champagne Court in the heart of Hong Kong’s Tsim Sha Tsui district, according to a ruling by the Lands Tribunal.

… Read More>>

Hong Kong developer Henderson Land has received approval for the compulsory sale of one of two blocks in the storied … Read more>>>

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