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Kai tak

Henderson, Wheelock and New World Lead HK$12.6B Kai Tak Land Buy

2019/05/07 by Jan Kot Leave a Comment

Hong Kong’s Lands Department on Tuesday announced that a consortium of six developers had won the third-largest residential plot on what had been the runway of Hong Kong’s former Kai Tak airport for a record HK$12.6 billion ($1.6 billion).

The… Read More>>

Wheelock Makes HK$4B in Biggest Housing Launch in 6 Years and More Asia Real Estate Headlines

2019/05/07 by James Hatton Leave a Comment

In today’s roundup of real estate headlines from Asia, Hong Kong’s housing rebound leads the way with home sales reaching new records over the weekend.

Elsewhere in the region, the investors behind an online to offline coffee startup seem eager… Read More>>

kai tak runway

Wheelock, Henderson, COLI and New World Team Up to Win Kai Tak Site for HK$9.9B

2019/03/28 by Jan Kot Leave a Comment

Hong Kong’s Lands Department on Wednesday announced that a consortium of three Hong Kong developers, together with the mainland’s China Overseas Land & Investment had won the largest residential site on what had been the runway of the city’s former… Read More>>

Bernadette Linn Director of Lands

Kai Tak Residential Site Gets Six Bids From 10 Hong Kong Developers

2019/03/24 by Jan Kot Leave a Comment

Hong Kong’s Lands Department announced on March 22 that it had received six bids from a total of 10 developers for a 103,150 square foot (9,583 square meter) residential plot on the site of the city’s former Kai Tak Airport.

… Read More>>

Chen Feng HNA

HNA Sells Last Kai Tak Plot to Wheelock for HK$740M Loss

2019/02/02 by Michael Cole Leave a Comment

HNA Group has sold off its last piece of land in Hong Kong’s Kai Tak area at a HK$740 million ($94 million) loss, as the mainland conglomerate struggles to liquidate assets in a slowing market.

Hong Kong International Construction Investment… Read More>>

Bernadette Linn Director of Lands

Hong Kong Cancels Kai Tak Site Sale as Developers Bid Low

2019/01/31 by Jan Kot Leave a Comment

Analysts are already predicting a quick rebound in Hong Kong’s property market, but the city’s developers may still need a bit more convincing, judging by the failed sale of a prime commercial site this week.

The Hong Kong government on… Read More>>

HNA Chen Feng

HNA in Talks for Sale of Last Plot in Hong Kong’s Kai Tak

2019/01/28 by Jan Kot 1 Comment

HNA Group is in talks to sell its fourth and final plot of development land at Hong Kong’s former Kai Tak airport, according to a company filing to the Hong Kong Stock Exchange, as the distressed mainland conglomerate attempts to bail… Read More>>

Raymond Kwok

Sun Hung Kai Buys Kai Tak Site for $1.43B

2019/01/24 by Jan Kot Leave a Comment

Hong Kong’s Lands Department on Wednesday announced that a plot of residential land on what had been the runway of the city’s former Kai Tak Airport has been awarded to local development giant, Sun Hung Kai Properties, for HK$11.26 billion… Read More>>

Oakwood Arlington

Mapletree Buys DC-Area Serviced Apartments for $70M and More Asia Real Estate Headlines

2019/01/19 by Michael Cole Leave a Comment

Singapore keeps churning out the headlines today as China and Hong Kong slow down as the city-state’s Mapletree Investments makes another US purchase and a major real estate agency names a new MD in the Southeast Asian financial hub. Meanwhile… Read More>>

yan jianguo coli

COLI Wins Plot on HK’s Former Kai Tak Runway for Bargain HK$8B

2018/12/29 by Jan Kot Leave a Comment

China Overseas Land & Investment (COLI) picked up Hong Kong’s final residential plot of the year for a bargain HK$8.03 billion ($1.03 billion), as clouds gather over Asia’s most expensive real estate market.

The state-run mainland developer purchased the site on… Read More>>

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