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Kowloon East Housing Site Draws 10 Bids and More Hong Kong Real Estate Headlines

2018/01/12 by Channing Huang Leave a Comment

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>>

Wang Jianlin

Wanda Said Cutting Internet Staff From 6000 to 300 and More Asia Real Estate Headlines

2018/01/01 by Michael Cole Leave a Comment

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>>

Yan Liang

Asia Real Estate People in the News 2018-01-01

2018/01/01 by Michael Cole Leave a Comment

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>>

Wei Shaofan

Local Developers Place 9 of 10 Bids for $1.3B South Hong Kong Island Site

2017/12/04 by Greg Isaacson Leave a Comment

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

Robert Kuok’s Allgreen Buys Two SG Sites for $490M and More Asia Real Estate Headlines

2017/12/03 by Michael Cole Leave a Comment

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

Li Ka-shing Sets New HK Record with $5.15B Sale of The Center to Mainland-Backed Group

2017/11/02 by Michael Cole Leave a Comment

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>>

Cheung Sha Wan Hotel Site

10 Bidders Said to Offer Up to $479M for Kowloon Hotel Site

2017/10/28 by Greg Isaacson Leave a Comment

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>>

Li Ka-shing

Li Ka-shing Said Selling Hong Kong’s The Center to Mainland Group for $5.2B

2017/10/16 by Greg Isaacson Leave a Comment

Hong Kong’s richest man is reportedly selling his most valuable building, The Center office tower, for a record price of HK$40.2 billion ($5.15 billion). Li Ka-shing’s CK Asset Holdings – formerly Cheung Kong Property Holdings – agreed to dispose of… Read More>>

Li Ka-shing

Li Ka-shing Predicts 2 More Years of HK Home Price Hikes and More Asia Real Estate Headlines

2017/03/23 by Michael Cole Leave a Comment

Hong Kong’s richest man can’t take it with him, but he can still shed tears of joy over the cash he’s making from the city’s booming real estate market, while Vincent Lo convinces an SCMP reporter that Shui On is… Read More>>

Li Ka-shing Australia

CK Property To Miss 2016 Sales Target After Bumpy Year And More Asia Real Estate Headlines

2016/11/30 by Cheyenne Hollis Leave a Comment

Today’s headlines prove that even Superman stumbles from time to time, after Li Ka-shing’s CK Property announced it will fail to hit its sales target for this year. Also making news today, China Jinmao spends big to get its hands… Read More>>

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