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US$2.7B Kai Tak Project Could Break Record for Hong Kong’s Priciest Housing Site

2018/03/29 by Shawna Kwan Leave a Comment

A development consortium including Wheelock, K Wah International and Sino Land shocked Hong Kong by paying a record HK$17.28 billion ($2.21 billion) for a waterfront residential site in Cheung Sha Wan late last year. Five months later, a residential lot… Read More>>

Hong Kong terminus of the Guangzhou–Shenzhen–Hong Kong Express Rail Link

Kowloon High Speed Rail Terminus Site Could Spawn $18B Hong Kong Land King

2018/03/03 by Shawna Kwan Leave a Comment

The Hong Kong government has unveiled its land sale programme for the new financial year from April 2018 to March 2019, including four commercial sites and 27 residential sites. Drawing the most attention is a 6-hectare commercial site above the… Read More>>

Michael Wong

Hong Kong Boosts Land Sale Transparency in Battle Against Crazy Bidders

2018/03/03 by Shawna Kwan Leave a Comment

Hong Kong is learning from its all-time rival Singapore as it seeks to tame the city’s land prices. In addition to the tender amount of the successful bidder in land sales, the Hong Kong government will now publish the amounts… Read More>>

Chinachem Outbids 24 Developers to Win Kwun Tong Site for $397M

2018/01/25 by Shawna Kwan Leave a Comment

Hong Kong developer Chinachem Group has won a tender to develop a residential parcel in the Kwun Tong area of the city’s Kowloon East, shouldering aside 24 other bidders to offer HK$3.1 billion ($397 million).

Other competitors for the site… Read More>>

Raymond Kwok fixed

Kowloon Waterfront Residential Site Could Sell for Record-Breaking $2.8B

2017/11/12 by Greg Isaacson Leave a Comment

Nearly a dozen mainland and Hong Kong developers have placed bids on a waterfront residential site that could be worth up to HK$22 billion ($2.82 billion) in Hong Kong’s Cheung Sha Wan area, following Sun Hung Kai’s purchase of an… Read More>>

Raymond Kwok fixed

Sun Hung Kai Picks Up Kowloon Hotel Site for Record-Breaking $649M

2017/10/31 by Greg Isaacson Leave a Comment

Hong Kong development giant Sun Hung Kai has bought a hotel site in Cheung Sha Wan for HK$5.06 billion ($648.8 million), blowing past market expectations for the waterfront parcel and setting a per square foot price record for the city’s… 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>>

Adrian Cheng New World

New World Grabs 3rd Cheung Sha Wan Site for HK$3B

2017/08/18 by Greg Isaacson Leave a Comment

New World Development has picked up its third commercial site this year in the Cheung Sha Wan area of Hong Kong for HK$2.97 billion ($380 million), bringing its total 2017 land purchases in the Kowloon neighbourhood to HK$15 billion ($1.92… Read More>>

The Spire London

What Happens if Chinese Homebuyers Run Out of Cash and More Asia Real Estate Headlines

2017/01/31 by Michael Cole Leave a Comment

Chinese capital has been a growing force in both corporate real estate investments and individual home purchases in recent years, but things may look very different in the rooster year. The leading headlines this morning all attempt to figure out… Read More>>

Wang Jianlin

Wanda Adds to Global Cinema Empire with $929M Nordic Deal and More Asia Real Estate Headlines

2017/01/24 by Michael Cole Leave a Comment

Wang Jianlin once again leads today’s headlines as China’s richest man indulges his theatre lust with a $929 million deal to buy 68 theatres in the frozen north. And for China’s real estate elite who choose not to buy Scandinavian… Read More>>

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