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Chinachem Group CEO Andy Cheung

Hong Kong’s Chinachem Wins New Territories Residential Site With $320M Bid

2025/11/19 by Christopher Caillavet Leave a Comment

Hong Kong builder Chinachem Group on Tuesday was awarded a government tender for a New Territories residential plot after placing a bid of HK$2.48 billion ($320 million).

Situated at the corner of Wing Shun Street and Texaco Road in Chinachem’s… Read More>>

Calvin Phua SLA

Asia Real Estate People in the News 2025-04-14

2025/04/14 by Michael Cole Leave a Comment

Senior level moves in Singapore and India lead this week’s review of personnel movements from around Asia, with the Lion City naming a new chief for one of its primary real estate regulators, an upgrade for a CapitaLand fund manager… Read More>>

Hiew Yoon Khong of Mapletree

Mapletree $473M Buy of Hong Kong Logistics Site Marks 57% Discount from 2022

2025/02/26 by Iris Hong Leave a Comment

Singapore’s Mapletree Investments has won a warehouse site near Hong Kong’s Kwai Chung Container Terminals at a price 57 percent below what a nearby site sold for in 2022, as declining port activity undermines logistics demand in the Asian commercial… Read More>>

Raymond Kwok of Sun Hung Kai Properties 1

Sun Hung Kai $77M Residential Buy Marks Cheapest Hong Kong Land Sale in 11 Years

2025/02/20 by Iris Hong Leave a Comment

Sun Hung Kai Properties has won a site near Hong Kong’s international airport at the lowest price in more than a decade, after the Hong Kong government conducted a second tender of the residential plot.

Hong Kong’s largest builder by… Read More>>

Bernadette Linn Hong Kong

Hong Kong Government Tests Waters With Residential Land Tender After MTR Plot Sale

2025/01/08 by Christopher Caillavet Leave a Comment

Following last month’s successful sale of a Lantau Island residential site by MTR Corp, the Hong Kong government plans to relaunch its tender of a nearby plot as its sole piece of land to go up for sale during the… Read More>>

Bernadette Linn Hong Kong

Hong Kong Government Offering Single Residential Site for Tender This Quarter

2024/07/07 by Christopher Caillavet Leave a Comment

The Hong Kong government on Thursday announced plans to offer a single residential site in the New Territories’ Sha Tin district under the city’s quarterly land sale programme.

In the July-September period, which corresponds to the second quarter of Hong… Read More>>

Peter Woo (Getty Images)

Wheelock Wins Residential Site in Hong Kong’s Kennedy Town with Bargain $220M Bid

2023/07/06 by Beatrice Laforga Leave a Comment

Wheelock Properties has won a residential site in Hong Kong’s Kennedy Town at a lower-than-expected price of HK$1.72 billion ($220 million) as the housing market continues to cool in the Asian financial hub.

Hong Kong’s Lands Department announced the winning… Read More>>

Crown Resorts Australia

Blackstone’s $6.3B Crown Bid Approved and More Asia Real Estate Headlines

2022/05/22 by McDowell Ramintas Leave a Comment

Another acquisition could be on the way for the world’s largest real estate fund manager as Blackstone has won approval for its $6.3 billion bid for Australia’s Crown Resorts, with that story leading our roundup today. Also in the news,… Read More>>

Donald Choi Chinachem

Chinachem Wins Third HK Site in 15 Months With $350M Tung Chung Bargain Bid

2022/04/02 by Christopher Caillavet, Michael Cole Leave a Comment

Hong Kong developer Chinachem won its third government land sale in 15 months late last week when it took advantage of a tepid development market to pick up a commercial site near Hong Kong’s international airport at a bargain price,… Read More>>

site 3 neighbors

Bids for $9B Hong Kong Waterfront Project “Site 3” Due Today

2021/06/18 by Michael Cole Leave a Comment

The future of Hong Kong’s waterfront is up for sale in a land auction that ends on Friday, with the tender also set to measure confidence in the city’s commercial real estate market.

Site 3 of the New Central Harbourfront,… Read More>>

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