Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset Holdings achieved record-high sales for the industry last year by moving HK$53 billion in flats. Also in the headlines, mainland developers have changed their land-buying tactics in the city… Read More>>
Li Ka-shing Said Putting Chongqing Project on the Block for $3B
Hong Kong tycoon Li Ka-shing is reported to be seeking buyers for a sprawling, partly completed residential and commercial project in the western Chinese city of Chongqing, with an asking price of RMB 20 billion ($3 billion), according to an… Read More>>
Kwun Tong Housing Site Draws 24 Bids and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate headlines, a residential site in Kwun Tong that could be worth up to HK$3.4 billion brought in two dozen bids from a roster of heavyweights including CK Asset, Sun Hung Kai Properties and Henderson… Read More>>
Kowloon East Housing Site Draws 10 Bids and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong news roundup, a coveted residential plot in Kowloon Tong has drawn ten bids, and is expected to sell for anywhere from HK$10 billion ($1.28 billion) to HK$16.6 billion ($2.12 billion) — making it the most expensive… Read More>>
Wanda Said Cutting Internet Staff From 6000 to 300 and More Asia Real Estate Headlines
Mainland authorities got attention this year for pushing back against Christmas celebrations on the mainland, and it looks like Santa may have taken this badly after the stockings full of coal that some of China’s best-known firms received over the… Read More>>
Asia Real Estate People in the News 2018-01-01
The new year has dawned and at least a few of the region’s real estate executives will be starting 2018 at new desks as we browse through the list of who took on a new role this week. We start… Read More>>
Local Developers Place 9 of 10 Bids for $1.3B South Hong Kong Island Site
Hong Kong developers dominated the bidding for a residential site in the city’s Wong Chuk Hang area that is expected to sell for up to HK$10 billion (US$1.28 billion).
The tender for the 600-home site adjacent to the Wong Chuk… Read More>>
Robert Kuok’s Allgreen Buys Two SG Sites for $490M and More Asia Real Estate Headlines
One of Asia’s senior property barons leads us into the new week with news that a developer controlled by the boss of Shangri-La hotels and Kerry Properties has acquired nearly half a billion dollars worth of Singapore sites. Also grabbing… Read More>>
Li Ka-shing Sets New HK Record with $5.15B Sale of The Center to Mainland-Backed Group
Hong Kong’s richest man just sold the city’s most expensive building for HK$40.2 billion ($5.15 billion), according to an announcement today by Li Ka-shing’s CK Asset Holdings to the Hong Kong stock exchange.
CK Asset, which was formerly known as… Read More>>
10 Bidders Said to Offer Up to $479M for Kowloon Hotel Site
A waterfront hotel site in the Cheung Sha Wan area of Hong Kong’s New Kowloon may sell for as much as HK$3.74 billion ($479 million), following a competitive public tender that closed on Friday after drawing 10 bids.
The site,… Read More>>