Hong Kong’s embattled chief executive Carrie Lam announced a raft of measures to help low-income households and the middle classes buy their own homes in her annual Policy Address this week in a belated attempt to tackle high housing prices… Read More>>
China Vanke Buying Stakes in Five Projects From CFLD and More Asia Real Estate Headlines
China Vanke, once the country’s largest developer by sales, had its own downturn int 2016-2017 when it nearly became a business case study in how to stage a mainland hostile takeover. Now that the homebuilder is under government control, it… Read More>>
China Vanke Joins Tencent, Alibaba in RMB 10B CMC Deal and More Asia Real Estate Headlines
Still on the mend from a bruising takeover battle that transformed it into a state-owned entity mainland development giant China Vanke shows signs of expanding beyond its core business in putting buildings this week as it joins the country’s two… Read More>>
Executive Council Said to Approve Vacancy Tax and More Hong Kong Real Estate Headlines
Leading today’s real estate news in Greater China’s commercial powerhouse, Hong Kong’s executive council has reportedly approved a plan for a tax on vacant flats, as city leaders scramble to demonstrate concern over rising home prices. Also in the headlines,… Read More>>
Victor Li Denies HK$35B Sale of Hutchison House and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, recently crowned CK Asset boss Victor Li is in the news again, as the developer denies reports of an impending sale of one of its most valuable office assets.
Also in the headlines,… Read More>>
Hanison, PAG Sell Kowloon Office Tower by the Floor and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Hanison Construction is offloading an office building in Cheung Sha Wan, western Kowloon on a strata-titled basis for as much as HK$28.4 million per floor, less than four months after selling a 50… Read More>>
MTR’s Yau Tong Site Lures SHK, Wheelock and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the MTR Corporation’s tender for a residential site in Yau Tong, at the southeastern end of Kowloon ended at 2 pm on Friday with developers including Wheelock, Henderson Land Development and Albert Yeung’s… Read More>>
New World to Build Hospitals with Tencent’s We Doctor and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, mainland tech giants continue to build partnerships with the region’s biggest builders, with New World Developments new deal to build hospitals in the mainland and Hong Kong with Tencent-backed online healthcare service provider… Read More>>
Carrie Lam Hypes Public Sector Role in Success of HK’s Kowloon East
More than $2.2 billion in commercial properties have changed hands in Hong Kong’s Kowloon East in the past year, and the city’s penultimate leader was quick to point out the government’s role in creating favourable conditions for this real estate… Read More>>
