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Ronnie Chan Hang Lung

Hang Lung Outbids Alibaba to Win Hangzhou Commercial Site for RMB 10.7B

Ronnie Chan Hang Lung

2018/05/29 by Shawna Kwan Leave a Comment

Hong Kong developer Hang Lung Group has shouldered aside Alibaba Group and four other property developers to win a commercial plot in the eastern China city of Hangzhou for RMB10.7 billion ($1.7 billion) — more than double the base price… Read More>>

Hong Kong developer Hang Lung Group has shouldered aside Alibaba Group and four other property developers to win a … Read more>>>

lee shau kee

Henderson Land Wins Approval for 35-Storey Tower on Central’s Murray Road

lee shau kee

2018/05/27 by Shawna Kwan Leave a Comment

Henderson Land has received the green light from Hong Kong’s Buildings Department to build a 35-storey commercial tower on a car park site in Central that the developer pounced on for a record-smashing $3 billion one year ago.

The Murray… Read More>>

Henderson Land has received the green light from Hong Kong’s Buildings Department to build a 35-storey commercial tower … Read more>>>

Chancery Court

$300M Novena Site Adds to Singapore’s $2.1B Week of Land Sales

Chancery Court

2018/05/21 by Shawna Kwan Leave a Comment

A privatised government-built estate in Singapore’s Novena neighbourhood was sold for S$402 million ($299 million) in a collective sale tender late last week, adding to a total of S$2.88 billion ($2.1 billion) of residential and mixed-use land sales in the… Read More>>

A privatised government-built estate in Singapore’s Novena neighbourhood was sold for S$402 million ($299 million) in a … Read more>>>

UOL-Led Group Pays $771M for Housing Site Near Downtown Singapore

2018/05/20 by Greg Isaacson Leave a Comment

Singapore-listed property firm UOL Group and its affiliates have won a large residential parcel on Silat Avenue, just south of Singapore’s General Hospital, for S$1.035 billion ($771 million), amid a two-day flurry of major site acquisitions in the city-state.

The… Read More>>

Singapore-listed property firm UOL Group and its affiliates have won a large residential parcel on Silat Avenue, just … Read more>>>

Adrian Cheng New World

New World, FEC, SC Global Win Orchard Road Site for $309M

Adrian Cheng New World

2018/05/20 by Shawna Kwan Leave a Comment

Hong Kong’s New World Development and Far East Consortium (FEC) have teamed up with Singapore’s SC Global Developments to win a luxury residential site near Singapore’s prime shopping area Orchard Road, after placing a record S$410 million ($309 million) bid… Read More>>

Hong Kong’s New World Development and Far East Consortium (FEC) have teamed up with Singapore’s SC Global Developments … Read more>>>

Philip Ng Far East

Far East Org, Sino Group, Sekisui Win Prime Singapore Site for $904M

Philip Ng Far East

2018/05/17 by Greg Isaacson Leave a Comment

The Singapore government has awarded a prime commercial and residential site in the city’s upscale Bukit Timah neighbourhood to a consortium led by Far East Organization for S$1.2 billion ($904 million).

Far East Organization partnered with Hong Kong-based sister company… Read More>>

The Singapore government has awarded a prime commercial and residential site in the city's upscale Bukit Timah … Read more>>>

Evergrande Takes Over $2B Commercial Project in Shanghai’s Hongqiao Area

2018/05/16 by Shawna Kwan Leave a Comment

China Evergrande, the country’s second-biggest developer by sales, is reported to have taken over a stalled RMB 13 billion ($2 billion) commercial project near the Shanghai Hongqiao International Airport.

Evergrande is now the owner of the project, Hongyuan Shengshi International… Read More>>

China Evergrande, the country's second-biggest developer by sales, is reported to have taken over a stalled RMB 13 … Read more>>>

raymond-kwok shk

Sun Hung Kai Buys Kai Tak Site For $3.2B in Hong Kong’s Biggest Recorded Land Sale

raymond-kwok shk

2018/05/15 by Shawna Kwan Leave a Comment

Sun Hung Kai Properties has agreed to pay the largest sum ever at a government land sale in one of the world’s most expensive real estate markets when the listed real estate developer won a government tender for a residential… Read More>>

Sun Hung Kai Properties has agreed to pay the largest sum ever at a government land sale in one of the world’s most … Read more>>>

Wu Xiaohui

Sino-Ocean to Take Over Anbang China Real Estate Projects After Wu Xiaohui Sentenced

Wu Xiaohui

2018/05/14 by Michael Cole Leave a Comment

On the same day that a court in Shanghai sentenced Anbang Insurance founder Wu Xiaohui to 18 years in prison, a statement to the Hong Kong stock exchange gave an indication of the fate of the once-renegade Chinese insurer’s domestic… Read More>>

On the same day that a court in Shanghai sentenced Anbang Insurance founder Wu Xiaohui to 18 years in prison, a … Read more>>>

Universal Studios Doubles Budget for Beijing Theme Park JV to $6.5B

2018/05/12 by Mingtiandi Team Leave a Comment

The investors behind Universal Beijing Resort are said to be doubling down on the upcoming 300-acre theme park in the Chinese capital, with plans to invest $6.5 billion by its 2021 opening date.

The project initially had a budget of… Read More>>

The investors behind Universal Beijing Resort are said to be doubling down on the upcoming 300-acre theme park in the … Read more>>>

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