Asia real estate and outbound investment news
Hong Kong’s Lands Department on Tuesday announced that a consortium of six developers had won the third-largest residential plot on what had been the runway of Hong Kong’s former Kai Tak airport for a record HK$12.6 billion ($1.6 billion).
The… Read More>>
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.
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>>
Analysts are already predicting a quick rebound in Hong Kong’s property market, but the city’s developers may still need a bit more convincing, judging by the failed sale of a prime commercial site this week.
The Hong Kong government on… Read More>>
SUNeVision Holdings, a subsidiary of property giant Sun Hung Kai Properties, has won the tender for a data centre site in Hong Kong’s Tseung Kwan O district for HK$5.456 billion ($700 million), outbidding six other developers.
An announcement by the… Read More>>
A land parcel on what was once the take-off point for Hong Kong’s international airport, and the first housing site to be made available on a former Kai Tak runway, failed to take flight with developers on Friday when only… Read More>>
Leading today’s Hong Kong real estate news, locals lucky enough to buy a new home will soon be spending an average of 70 percent of their monthly income on mortgage repayment, up from the previous 60 percent as mortgage rates rise,… Read More>>
Site sales dominate the headlines in today’s Hong Kong real estate roundup, with Swire Properties agreeing to pay billions of Hong Kong dollars to win a series of sites in Wanchai, where the top developer plans to build a residential-led… Read More>>
