One of the highest profile early entrants to the Shanghai property market is facing off against the biggest landlord in Hong Kong’s Central district in the final bidding for a prime commercial site in Shanghai’s Huangpu district expected to sell… Read More>>
Strata Owners of the Center Hope for Instant Returns and More Hong Kong Real Estate Headlines
The new owners of the Center on Hong Kong’s Queen’s Road are wasting no time in looking for a return on the investment, and their hopes for instant profits of up to 66 percent lead today’s real estate news in… Read More>>
Pop Star Joey Yung Buys HK$200M Home and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Cantopop singer Joey Yung paid an estimated HK$200 million ($25 million) for a luxury home in Repulse Bay. Also in the headlines, you may not be able to buy a Michelin star, but… Read More>>
Fosun JV Gets $350M Loan for NYC Tower and More Asia Real Estate Headlines
Leading today’s news roundup, Chinese conglomerate Fosun International and its JV partner in New York have landed a construction loan for a 66-storey luxury condo tower they are building a few blocks away from the Empire State Building. Also in… Read More>>
Hongkong Land Exits Singapore Office JV and More Asia Real Estate Headlines
At the top of today’s news, Malaysia’s IOI Properties is poised to go it alone on a prime office project in Singapore’s Marina Bay, after HongKong Land apparently passed on it opportunity to share the prime commercial site. And the… Read More>>
Hongkong Land and Central Group Buy UK Embassy Site in Bangkok for $595M
Thanks to its chummy relations with the UK’s colonial-era governments, developer Hongkong Land owns much of the prime real estate in the former British colony that it calls home. Now that the sun has set on Britain’s empire in the… Read More>>
Hongkong Land Buys $745M Nanjing Site for $1.9B Commercial Complex
Hongkong Land on Wednesday won a tender to develop a plot of commercial land in Nanjing, the capital of eastern China’s Jiangsu province, for RMB 4.8 billion ($745 million). The Hong Kong developer best known for The Landmark complex in… Read More>>
Robert Kuok’s Allgreen Buys Two SG Sites for $490M and More Asia Real Estate Headlines
One of Asia’s senior property barons leads us into the new week with news that a developer controlled by the boss of Shangri-La hotels and Kerry Properties has acquired nearly half a billion dollars worth of Singapore sites. Also grabbing… Read More>>
Hong Kong Home Sells for $37M Per Bedroom and More Asia Real Estate Headlines
Leading today’s news, Hong Kong’s housing affordability may be a hot topic for most of the city’s seven million inhabitants, but developer Wheelock is doing just fine marketing homes that cost about the same amount as the GDP of small… Read More>>
HK Land Buys $682M Stake in Central SG Office Project
Hongkong Land is boosting its presence in Singapore by teaming up with a leading Malaysian developer to build and manage a pair of office towers within the Marina Bay Financial District, the companies announced Monday.
The Hong Kong-based property firm… Read More>>
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