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Robert Ng of Sino Land

Sino Land JV Wins Kai Tak Plot with Bargain $680M Bid in Depressed Hong Kong Market

2023/09/14 by Christopher Caillavet Leave a Comment

A consortium led by local builder Sino Land has won a tender for a residential plot in Hong Kong’s Kai Tak area with a bid of HK$5.35 billion ($680 million), representing a nine-year low for a government land premium at… Read More>>

Tengah Plantation EC

Hoi Hup and Sunway Win Singapore Site for $256M and More Asia Real Estate Headlines

2023/09/12 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, the Singapore government awards an executive condo site after the project drew nine bids, and a Hong Kong land tender draws a strong response as well. Also making the list are Country Garden’s… Read More>>

Bruno Lopez st telemedia

Temasek-Backed STT GDC Eyes $1B IPO and More Asia Real Estate Headlines

2023/01/15 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Singapore’s ST Telemedia Global Data Centres reportedly contemplates an initial public offering, Dalian Wanda’s services unit scores a big offshore loan, and Kaisa Group is taken to court in New York over missed… Read More>>

Hong Kong Tycoon Li Ka-shing

CK Asset Paying $1.1B to Buy Second Hong Kong Residential Site in One Week

2022/12/21 by Pawara Laothamatas Leave a Comment

CK Asset Holdings has picked up a residential development site in Hong Kong’s Kai Tak area for HK$8.7 billion ($1.1 billion), according to a Wednesday announcement, breaching the low end of market expectations by about 23 percent as home prices… Read More>>

Evergrande Wanchai

Evergrande Winding-Up Case Kicked to November and More Asia Real Estate Headlines

2022/09/05 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a court case on China Evergrande’s potential winding-up is adjourned until November, sales at a high-profile housing project in Hong Kong’s Kai Tak launch at a 10 percent discount, and Swire Properties zeroes… Read More>>

nexus shantiniketan in bangalore

Blackstone Said Aiming for $500M India Mall IPO and More Asia Real Estate Headlines

2022/08/29 by Proud Channara Leave a Comment

In today’s roundup of regional news headlines, private equity giant Blackstone reportedly seeks a $500 million IPO of its India mall portfolio, Hong Kong home prices fall as interest rates creep higher, and two high-rise towers near New Delhi are… Read More>>

Sachin Doshi

Warburg Pincus-Backed Weave Launches 6th Hong Kong Location in Kai Tak

2022/03/01 by Pawara Laothamatas Leave a Comment

Weave Living has announced the opening of its sixth apartment community in Hong Kong, unveiling its conversion of a budget hotel in Kowloon East as Weave Studios Kai Tak.

The opening of the 99-unit facility was announced in a LinkedIn… Read More>>

David-Chiu Far East Consortium

Far East Consortium Selling Kai Tak Commercial Project to CLP for $433M

2021/12/07 by Pawara Laothamatas Leave a Comment

Hong Kong-listed Far East Consortium has agreed to sell the commercial portion of a project on the former Kai Tak airstrip for a consideration of HK$3.38 billion ($433.3 million), just two weeks after joining with New World Development to acquire… Read More>>

yan jianguo CSCEC

COLI Selling 30% Stake in Kai Tak Project for $173M

2021/12/01 by Pawara Laothamatas Leave a Comment

Years after its international airport closed down, a former landing strip in Hong Kong’s Kai Tak area has again become a centre of activity in recent weeks with China Overseas Land & Investment announcing on 26 November that it has… Read More>>

Kaisa Kwok Ying-shing

Kaisa Selling Kai Tak Site to New World-Far East Consortium JV for $1B

2021/11/25 by Pawara Laothamatas Leave a Comment

Cash-strapped Kaisa Group is the latest mainland developer to offload assets in a scramble to repay debts, as the Shenzhen builder has now agreed to sell its half stake in a once-prized residential site on Hong Kong’s former Kai Tak… Read More>>

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