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Paul Chan, Hong Kong's Financial Secretary (Getty Images)

Stanley Land Sale Fails as Four Bidders Fall Short of HK Government’s Target

2023/01/15 by Mingtiandi Team Leave a Comment

The tender for Hong Kong’s first residential plot of 2023 was withdrawn on Tuesday, as offers from four bidders for a luxury site in the Stanley area failed to reach the government’s expectations after analysts had predicted it might sell… Read More>>

Hong Kong Tycoon Li Ka-shing

CK Asset Paying $1.1B to Buy Second Hong Kong Residential Site in One Week

2022/12/21 by Pawara Laothamatas Leave a Comment

CK Asset Holdings has picked up a residential development site in Hong Kong’s Kai Tak area for HK$8.7 billion ($1.1 billion), according to a Wednesday announcement, breaching the low end of market expectations by about 23 percent as home prices… Read More>>

Sun Hung Kai Raymond Kwok

SHKP Wins Kowloon East Commercial Site for $38M

2022/11/25 by Iris Hong Leave a Comment

Sun Hung Kai Properties has bested three competing bidders to win a tender for a retail site in Hong Kong’s Kowloon East, at a price more than 50 percent less per square foot than what Link REIT paid in late… Read More>>

raymond kwok sun hung kai shk

SHKP Wins Tender for West Kowloon Commercial Project

2022/11/24 by Christopher Caillavet Leave a Comment

Sun Hung Kai Properties had been awarded the tender for a commercial project in Hong Kong’s West Kowloon area after the blue-chip builder submitted the sole bid for the development site earlier this month.

SHKP won the right to develop… Read More>>

CITIC Pacific Wins Residential Site in Hong Kong’s Kwai Chung for $140M

2022/11/17 by Pawara Laothamatas Leave a Comment

The Hong Kong unit of China’s CITIC Group has picked up a 41,763 square foot (3,880 square metre) residential site in Hong Kong’s New Territories through a government land sale with a lowball bid of of HK$1.1 billion ($140.6 million),… Read More>>

Hannah Jeong Colliers

CK Asset Buys Re-tendered Tuen Mun Residential Project for $586M

2022/10/06 by Pawara Laothamatas Leave a Comment

CK Asset Holdings has topped four competing bids to acquire a residential development site in Hong Kong’s New Territories for HK$4.6 billion ($586 million), according to an announcement published on Wednesday.

The developer controlled by billionaire Li Ka-shing acquired the… Read More>>

Kenneth Ng Kar Wai Wing Tai

Wing Tai, Vanke Win Tender for New Territories Site with $100M Bid 

2022/09/21 by Iris Hong Leave a Comment

Wing Tai Properties Limited and China Vanke on Tuesday won a tender for a residential site in Hong Kong’s Sha Tin district with a bid of HK$786.4 million (US$100 million), exceeding analyst predictions despite the city’s biggest housing downturn in… Read More>>

Hannah Jeong Colliers

$1B West Kowloon Commercial Project Up for Tender in Hong Kong

2022/09/12 by Pawara Laothamatas Leave a Comment

Hong Kong developers have once again been invited to submit bids for a commercial project in the city’s West Kowloon area which could be worth as much as HK$10.7 billion ($1.36 billion) upon completion.

The West Kowloon Cultural District Authority,… Read More>>

Hannah Jeong Colliers

Tender for $229M Commercial Site in Hong Kong’s Kwun Tong Closing Friday

2022/08/25 by Pawara Laothamatas Leave a Comment

A government tender for a commercial site in Hong Kong’s Kowloon East is set to close this Friday, giving developers an opportunity to win the rights to build a HK$1.8 billion ($229.4 million) retail project in Kwun Tong, spanning as… Read More>>

FEC's David Chiu

Far East Consortium Wins Sai Ying Pun URA Tender With $158M Bid

2022/08/07 by Pawara Laothamatas Leave a Comment

Hong Kong-listed Far East Consortium this past week bested eight competing bids to purchase a residential site in the city’s Sai Ying Pun area for HK$1.24 billion ($157.9 million) through a Urban Renewal Authority tender.

“The acquisition will provide the… Read More>>

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