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Michael Wong Wai-lun

Hong Kong Govt to Sell Five New Sites by End March Despite Market Uncertainty

2021/01/01 by Michael Cole Leave a Comment

After a record-breaking land sale at Victoria Peak just before year-end, Hong Kong authorities are boosting the supply of residential plots coming to market in the next three months, despite ungoing uncertainty in the housing market.

The city’s secretary for… Read More>>

Kai Tak waterfront

China Overseas Land & Investment Bags Kai Tak Plot With $551M Bid

2020/12/03 by Christopher Caillavet Leave a Comment

Mainland muscle is flexing yet again in Hong Kong’s land market, as China Overseas Land & Investment on Wednesday beat out nine rivals, including eight of the city’s top local builders, to snag a waterfront residential plot in the Kai… Read More>>

jack ma Alibaba

Alibaba Fund, Swire Invest in HK Logistics Startup and More Asia Real Estate Headlines

2020/11/30 by Shiunne Bulsombut Leave a Comment

In today’s roundup of regional news headlines, delivery platform Pickupp receives financing from venture funds tied to Alibaba and Swire, PropertyGuru snaps up a Malaysian property data firm, and a Japanese developer and its media company partner agree to buy… Read More>>

Thomas Lam

Hong Kong Government Cancels Kai Tak Land Sale as Bids Disappoint

2020/05/14 by James Hatton Leave a Comment

The Hong Kong government has scrapped the sale of the second-largest commercial site at Kai Tak, marking the latest blow to its plans for redeveloping the former airport site.

The city’s Lands Department said that it had cancelled the tender… Read More>>

pan sutong

Hong Kong-listed Goldin Sells Kai Tak Residential Plot at HK$2.6B Loss

2020/05/11 by Stephanie Li Leave a Comment

Goldin Financial Holdings has agreed to sell a residential site on Hong Kong’s former airport at a HK$2.6 billion ($340 million) loss, as the company seeks to free up cash amid a downturn in the Asian financial hub.

The financial… Read More>>

Tencent Exec Buys Repulse Bay Pad at 18% Off and More Hong Kong Real Estate Headlines

2020/05/10 by Stephanie Li Leave a Comment

Leading today’s Hong Kong real estate news, properties in the Asian financial hub continue to be sold at knockdown prices, with the chief strategy officer of tech giant Tencent buying a Repulse Bay luxury home at an 18 percent discount,… Read More>>

pan sutong

Goldin Agrees to Sell HK$8.9B Kai Tak Plot

2020/04/07 by James Hatton Leave a Comment

Goldin Financial has agreed to sell a once-prized residential site at Hong Kong’s former airport, after accepting an offer from an undisclosed party for the undeveloped Kai Tak plot, the company announced to the stock exchange on Tuesday.

The Hong… Read More>>

pan sutong

Goldin Looks to Offload HK$8.9B Kai Tak Plot As Residential Values Slide

2020/03/22 by James Hatton Leave a Comment

Goldin Financial Holdings is hoping to offload a piece of land which had once been part of the runway of Hong Kong’s former airport, as a property slump in the Asian financial hub has been intensified by the virus pandemic.

… Read More>>

Carrie Lam

COLI, Henderson, K Wah and Wharf Buy HK$15.95B Kai Tak Site at a Discount

2019/11/14 by James Hatton 1 Comment

As clashes between police and protesters in Hong Kong escalate, the largest piece of land on the site of the Asian financial hub’s former airport has been sold at a discount to a consortium of Hong Kong-listed developers.

The city’s… Read More>>

Wanda wang-jianlin

Macron Cancels $3.3B Wanda Project in France and More Asia Real Estate Headlines

2019/11/09 by Michael Cole Leave a Comment

The travails of a developer who was once Asia’s richest man lead the way in today’s list of real estate news from around the region, as the president of France announces the end of a Paris project backed by Wang… Read More>>

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