Asia real estate and outbound investment news
CK Asset bested four other local tenderers to win the final residential plot on the former Kai Tak airport runway with a bid of HK$10.28 billion ($1.33 billion), Hong Kong’s government announced on Wednesday.
The property development arm of Li… Read More>>
Wharf Holdings has brought along some friends for its second trip to Hong Kong’s posh Peak district in the last two months, as the local developer joined with a group of investors to win a tender for a luxury residential… Read More>>
Hong Kong’s MTR Corporation has awarded the rights for the fifth phase of property development at Wong Chuk Hang metro station to a consortium of four local developers, reportedly for a lower premium than was paid in the fourth-phase tender.
In today’s look at real estate news around the region, a Spanish fashion brand has more bad news for mall and shop owners, as it confirms plans to shift growth to online shopping this year.
Also in the news, the… Read More>>
After a record-breaking land sale at Victoria Peak just before year-end, Hong Kong authorities are boosting the supply of residential plots coming to market in the next three months, despite ongoing uncertainty in the housing market.
The city’s secretary for… Read More>>
Hong Kong developer Wharf Holdings Ltd on Wednesday announced its acquisition of the city’s priciest piece of residential land ever as it won a government auction of a site on Victoria Peak.
The blue-chip builder agreed to pay HK$12 billion… Read More>>
The government of Hong Kong has officially begun marketing a slice of Central district’s waterfront to developers, but a depressed property market has dampened expectations for the trophy land sale.
The city’s Lands Department announced on Friday that it had… Read More>>
Mainland muscle is flexing yet again in Hong Kong’s land market, as China Overseas Land & Investment on Wednesday beat out nine rivals, including eight of the city’s top local builders, to snag a waterfront residential plot in the Kai… Read More>>
The impending sale of a waterfront site on Central’s waterfront may be grabbing the attention of Hong Kong real estate watchers, but the government also this week announced plans for a second attempt at selling a luxury residential site on… Read More>>
After selling some of its peripheral property holdings in Hong Kong during June, New World Development seems to be freeing up more cash with an agreement to sell off its Hong Kong bus franchises to a private equity fund managed… Read More>>
