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Henry Cheng New World

New World Development Wins $2.5B Skycity Project at Hong Kong Airport

2018/05/03 by Shawna Kwan Leave a Comment

New World Development has won the right to develop a HK$20 billion ($2.5 billion) commercial complex adjacent to the Hong Kong International Airport that will be almost five times the size of the city’s IFC Mall.

The city’s Airport Authority… Read More>>

The Center Queen's Road

DBS Moves to Kwun Tong as SG Bank Cashes in on Hong Kong’s Red Hot Office Market

2018/04/26 by Shawna Kwan Leave a Comment

Singapore’s biggest bank is following the lead of US competitors Citibank and Goldman Sachs in moving its team out of Hong Kong’s Central district as office rents continue to rise in the core business area. For the Singaporean bank, the… Read More>>

Esprit Causeway Bay

Esprit Bails on HK$2M Per Month Causeway Bay Flagship Store

2018/04/25 by Shawna Kwan Leave a Comment

Hong Kong-listed fashion brand Esprit Holdings will not renew the lease for its flagship store in Causeway Bay, according to local media reports.

The lease for the 7,000 square foot (650 square metre) store in Leighton Centre at 77 Leighton… Read More>>

Lewis Tung

HK$660M Sale of Floor in Admiralty Office Tower Breaks Hong Kong Price Record – Again

2018/04/24 by Shawna Kwan Leave a Comment

Less than two weeks after a floor in 9 Queen’s Road Central claimed the title as the city’s most expensive strata-titled property, a floor in Far East Finance Centre has reportedly broken that short-lived price record.

The 33rd floor of… Read More>>

Knight Frank Builds Overseas Project Marketing Team with Twin Hong Kong Hire

2018/04/24 by Greg Isaacson Leave a Comment

Global property consultancy Knight Frank is bringing a pair of cross-border sales specialists on board to market residential projects in the UK to buyers in Hong Kong. Mei Wong and Fiona Priest are joining the company’s Hong Kong office to… Read More>>

Edwin Leong

Hong Kong’s Shop King Consolidates Western Site with HK$810M Buy of Butterfly Hotel

2018/04/22 by Shawna Kwan Leave a Comment

Edwin Leong Siu-hung, chairman of property developer Tai Hung Fai Enterprise and one of Hong Kong’s wealthiest men, is consolidating a block of properties in Sai Ying Pun, two MTR stations west of Central after spending over HK$1.5 billion ($191… Read More>>

Lam Chi-fung

Hugo Lam Buys Kwun Tong Industrial Site for HK$1.6B With Plans for New Office Project

2018/04/21 by Shawna Kwan Leave a Comment

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>>

Ma Ah-muk The Center

World’s Most Expensive Office Tower Ready to Be Sold Off Floor By Floor

2018/04/17 by Shawna Kwan Leave a Comment

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>>

Hong Kong Home Prices Could Rise Another 10% in 2018 as Colliers Sees Continued Demand

2018/04/14 by Shawna Kwan Leave a Comment

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>>

Don Taylor Swire

Swire Tops Out South Island Place Office Tower in Hong Kong’s Wong Chuk Hang

2018/04/12 by Shawna Kwan Leave a Comment

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>>

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