One of Hong Kong’s most aggressive real estate speculators is making good on a pledge of love for Kowloon East, as Hugo Lam Chi-fung has scooped up a Kwun Tong industrial site for HK$1.6 billion ($204 million).
This latest real… Read More>>
Asia real estate and outbound investment news
One of Hong Kong’s most aggressive real estate speculators is making good on a pledge of love for Kowloon East, as Hugo Lam Chi-fung has scooped up a Kwun Tong industrial site for HK$1.6 billion ($204 million).
This latest real… Read More>>
Nearly six months after Li Ka-shing’s CK Asset Holdings sold Hong Kong’s The Center skyscraper to a consortium of investors for HK$40.2 billion ($5.15 billion), the world’s most expensive office building is poised to be divvied up among its new owners… Read More>>
The cost of shelter in Hong Kong continues to defy the laws of gravity, after new home prices in the city surged by 18 percent last quarter to the second-highest level since 1996. But while the ongoing housing boom in… Read More>>
Swire Properties is building a foothold in southern Hong Kong Island, as the blue-chip developer this week celebrated the topping out of South Island Place, its first office project in the gentrifying hub of Wong Chuk Hang.
The 28-storey, grade… Read More>>
In a city known for its stratospheric real estate prices, an office space smaller than a sheet of A3 paper may now cost you more than $7,600. A floor in 9 Queen’s Road Central, an office tower in Hong Kong’s… Read More>>
Leading today’s Hong Kong real estate news, last quarter offered no relief to the city’s home buyers as new flat prices surged to the second-highest level since a local agency began keeping records in 1996. Also in the headlines, a… Read More>>
CBRE Hong Kong is boosting its Capital Markets team by adding a new specialty group focussed on strata-title and mid-market sales, as individually owned commercial floors command record prices in the city.
The international brokerage has tapped Daniel Mok to lead… Read More>>
A private investor who owns a portfolio of Link REIT shopping centres is reported to have sold three office floors in a Kowloon city residential and commercial complex for HK$1.16 billion ($148 million), according to local media accounts.
The third,… Read More>>
As a new generation takes over leadership of major Hong Kong developers including CK Assets and New World Development, the heir of the city’s “shop king” Tang Shing-bor is building on a relationship with a HKEX-listed developer first forged by… Read More>>
Hong Kong’s Central has rents so high that even a $900 billion investment bank has decided to flee the city’s traditional business district. Goldman Sachs is said to be moving its back office staff to a new location three metro… Read More>>