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The late "Minibus King" Ma Ah-muk

Auction of Tsim Sha Tsui Asset Flops in Hong Kong’s Third-Ever Failed Compulsory Sale

The late "Minibus King" Ma Ah-muk

2022/02/11 by Pawara Laothamatas Leave a Comment

Hong Kong recorded its third-ever unsuccessful compulsory sale just two weeks ago, with the auction for Tai Chi Court in the city’s Tsim Sha Tsui area seeing a buyer walk away from the chance to pick up the commercial property… Read More>>

Hong Kong recorded its third-ever unsuccessful compulsory sale just two weeks ago, with the auction for Tai Chi Court in … Read more>>>

Henderson executive director Augustine Wong Ho Ming

Henderson Land Consolidates Site for $1.1B Kowloon Project

Henderson executive director Augustine Wong Ho Ming

2022/02/09 by Pawara Laothamatas Leave a Comment

Henderson Land Development has taken another step towards consolidating a 42,506 square foot (3,948 square metre) site in a Hong Kong redevelopment hotbed, having gained approval for the compulsory sale of a property in Kowloon’s To Kwa Wan neighbourhood last… Read More>>

Henderson Land Development has taken another step towards consolidating a 42,506 square foot (3,948 square metre) site … Read more>>>

Sino Group JV Set to Open Office Project on Hong Kong’s South Side

2022/02/08 by Pawara Laothamatas Leave a Comment

Sino Group is expanding its Hong Kong Island commercial portfolio with the recent launch of leasing for a Grade A office project in the emerging commercial hub of Wong Chuk Hang, according to a statement.

Landmark South, a 256,957 square… Read More>>

Sino Group is expanding its Hong Kong Island commercial portfolio with the recent launch of leasing for a Grade A office … Read more>>>

irene lee hysan

Hysan, Empire to Acquire Half of Henderson Kowloon Project for $780M

irene lee hysan

2022/02/07 by Christopher Caillavet Leave a Comment

Hong Kong-listed Hysan Development and privately held Empire Group have agreed to acquire respective 25 percent stakes in a Henderson Land residential project in Kowloon’s To Kwa Wan area for a combined HK$6.1 billion ($780 million) in capital commitments, according… Read More>>

Hong Kong-listed Hysan Development and privately held Empire Group have agreed to acquire respective 25 percent stakes … Read more>>>

Wee Cho Yaw

Developer Controlled by UOL Chairman Said Buying Singapore Luxury Site for $52M

Wee Cho Yaw

2022/02/07 by Beatrice Laforga Leave a Comment

A private developer owned by the Wee family which controls Singapore’s UOL Group has reportedly added a new luxury site to its pipeline with the purchase of a pair of bungalows in the city’s upscale District 11.

A unit of… Read More>>

A private developer owned by the Wee family which controls Singapore’s UOL Group has reportedly added a new luxury site … Read more>>>

Orchard Towers

Orchard Towers Owners Said Ready to Set $1.2B Price on Singapore Commercial Project

Orchard Towers

2022/02/04 by Beatrice Laforga Leave a Comment

The proposed collective sale of one of Singapore’s most infamous centres of sin is ready to take a step forward with owners of units in Orchard Towers reportedly set to vote on a recommended reserve price of S$1.6 billion ($1.2… Read More>>

The proposed collective sale of one of Singapore’s most infamous centres of sin is ready to take a step forward with … Read more>>>

Chen Zhuolin

China’s Agile Group Dodging Debt Crisis With Sales of Stakes in Seven Projects

Chen Zhuolin

2022/02/02 by Christopher Caillavet Leave a Comment

Agile Group is hanging for-sale signs on more of its assets, with nearly RMB 1.8 billion ($280 million) in new disposals announced since last Friday.

The cash-strapped Guangzhou builder is selling its shareholding in two under-construction residential projects in Xuzhou,… Read More>>

Agile Group is hanging for-sale signs on more of its assets, with nearly RMB 1.8 billion ($280 million) in new disposals … Read more>>>

Hui Wing Mau Shimao

Shimao Chairman Selling Stake in Hong Kong Luxury Project for $134M

Hui Wing Mau Shimao

2022/02/01 by Pawara Laothamatas Leave a Comment

Hui Wing Mau, chairman of defaulting real estate developer Shimao Group, has agreed to sell his 40 percent stake in a luxury project in Hong Kong’s Deep Water Bay for a total consideration of HK$1.04 billion ($134.2 million), according to… Read More>>

Hui Wing Mau, chairman of defaulting real estate developer Shimao Group, has agreed to sell his 40 percent stake in a … Read more>>>

Peter Woo Wheelock

Wheelock Lines Up Hong Kong Luxury Site with Happy Valley Compulsory Sale

Peter Woo Wheelock

2022/01/26 by Pawara Laothamatas Leave a Comment

Wheelock Properties is on its way toward developing another luxury project on Hong Kong Island, having gained approval for a compulsory sale of Ventris Court, a residential tower in the Happy Valley area valued at HK$1.73 billion ($222.4 million), according… Read More>>

Wheelock Properties is on its way toward developing another luxury project on Hong Kong Island, having gained approval … Read more>>>

mark gleeson thumb

Japan’s Mitsui Fudosan Backs Frasers’ Sydney Condo Project in Aussie Debut

mark gleeson thumb

2022/01/20 by Pimfha Chandhapradit Leave a Comment

Japan’s largest property developer Mitsui Fudosan has made its first foray into Australia by investing in Frasers Property’s A$2.1 billion ($1.5 billion) urban renewal project in Sydney’s North Shore area, according to a release.

As a capital partner, the Tokyo-listed… Read More>>

Japan’s largest property developer Mitsui Fudosan has made its first foray into Australia by investing in Frasers … Read more>>>

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