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Kai Tak Runway

Hong Kong Doubles Deposit on Land Tenders to HK$50M and More Asia Real Estate Headlines 

2019/08/10 by James Hatton Leave a Comment

Land deposits lead the way in Mingtiandi’s roundup of real estate headlines today with the news that the Hong Kong Lands Department is doubling deposit requirement on government land sales to HK$50 million ($6.3 million) after a nervous buyer backed… Read More>>

Wheelock chairman Douglas Woo

Wheelock, K Wah and COLI Win Kai Tak Site for HK$12.74B

2019/07/25 by Jan Kot Leave a Comment

A joint venture invested by Wheelock Properties, K Wah International Holdings and China Overseas Land and Investment has won a tender for the biggest plot of residential land on what was once the runway of Hong Kong’s Kai Tak airport… Read More>>

tang-yong China Resources

China Resources Land, Poly Developments Win Kai Tak Site for HK$12.9B

2019/06/27 by Jan Kot Leave a Comment

Hong Kong’s Lands Department announced on Wednesday that a joint venture between China Resources Land and Poly Developments won a tender for the second-biggest parcel of land on the runway of Hong Kong’s former Kai Tak airport for HK$12.9 billion… Read More>>

Pan Sutong Goldin

Goldin Forfeits HK$25M Deposit to Walk Away From Record Kai Tak Land Purchase

2019/06/11 by Michael Cole Leave a Comment

Goldin Financial is abandoning its HK$11.1 billion ($1.41 billion) purchase of a commercial site on the former runway of Hong Kong’s Kai Tak airport, citing the city’s economic and social instability as motivation for its decision.

The aborted land buy… Read More>>

kai tak runway

Wheelock, Henderson, COLI and New World Team Up to Win Kai Tak Site for HK$9.9B

2019/03/28 by Jan Kot Leave a Comment

Hong Kong’s Lands Department on Wednesday announced that a consortium of three Hong Kong developers, together with the mainland’s China Overseas Land & Investment had won the largest residential site on what had been the runway of the city’s former… Read More>>

Bernadette Linn Director of Lands

Kai Tak Residential Site Gets Six Bids From 10 Hong Kong Developers

2019/03/24 by Jan Kot Leave a Comment

Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a 103,150 square foot (9,583 square meter) residential plot on the site of the city’s former Kai Tak Airport.

… Read More>>

Chen Zhuolin

Agile Group Buys Site on Hong Kong’s Lantau Island for HK$1.3B

2019/02/26 by Jan Kot Leave a Comment

Mainland developer Agile Group won a residential plot on Hong Kong’s Lantau Island for HK$1.13 billion ($143.96 million) this week, surpassing analyst forecasts for the price of the project by as much as 50 percent amid optimism for China’s “Greater… Read More>>

Sun Hung Kai Raymond Kwok

Sun Hung Kai Wins Site in Hong Kong’s Tai Po for HK$6.31B

2019/02/17 by Jan Kot Leave a Comment

Hong Kong developer Sun Hung Kai Properties has won a residential parcel in Hong Kong’s New Territories for HK$6.31 billion ($804 million), according to an announcement by the city’s Lands Department, snatching up the Tai Po project for a higher… Read More>>

Raymond Kwok

Sun Hung Kai Buys Kai Tak Site for $1.43B

2019/01/24 by Jan Kot Leave a Comment

Hong Kong’s Lands Department on Wednesday announced that a plot of residential land on what had been the runway of the city’s former Kai Tak Airport has been awarded to local development giant, Sun Hung Kai Properties, for HK$11.26 billion… Read More>>

yan jianguo coli

COLI Wins Plot on HK’s Former Kai Tak Runway for Bargain HK$8B

2018/12/29 by Jan Kot Leave a Comment

China Overseas Land & Investment (COLI) picked up Hong Kong’s final residential plot of the year for a bargain HK$8.03 billion ($1.03 billion), as clouds gather over Asia’s most expensive real estate market.

The state-run mainland developer purchased the site on… Read More>>

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