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Francis Law Sau-fai

Francis Law Sells Kowloon Retail Podium for 67% Below Pre-Pandemic Price

2025/01/18 by Christopher Caillavet Leave a Comment

Real estate investor Francis Law has completed the HK$880 million ($113 million) sale of a Kowloon retail podium to City University of Hong Kong, with the property changing hands at a 67 percent discount to its pre-pandemic guide price.

The… Read More>>

Andrew Moore, Schroders

Schroders Marketing Commercial Floor at Kowloon Complex After Cancelled Auction

2025/01/05 by Christopher Caillavet Leave a Comment

Fund manager Schroders is having another crack at selling a Hong Kong commercial floor after a planned auction last year failed to take place.

The third floor of the Harbourfront Landmark, a residential and commercial complex in Kowloon’s Hung Hom… Read More>>

Chen Hongtian of Cheung Kei

Receivers Sell Former Cheung Kei Hong Kong HQ at 62% Off as Banks Take Haircut

2024/11/27 by Kevin He Leave a Comment

Hong Kong Metropolitan University (HKMU) has agreed to buy a Kowloon office building that once served as the Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the asset lost nearly two thirds of its value… Read More>>

Chen Hongtian of Cheung Kei

Sale of Kowloon Office Block Faces Hurdles as $385M China Mobile Offer Reported

2024/11/18 by Kevin He Leave a Comment

China Mobile is reportedly in talks to acquire the former Hong Kong headquarters building of defaulted mainland property firm Cheung Kei Group, after the grade A office asset lost nearly two thirds of its value over the past two years.

… Read More>>

Century City International Holdings chairman Lo Yuk-sui

Tycoon Lo Yuk-sui’s Century City Consolidates Kowloon Site for Hong Kong Condo Project

2024/08/20 by Kevin He Leave a Comment

Companies controlled by Hong Kong tycoon Lo Yuk-sui have acquired a tenement building in Kowloon’s Cheung Sha Wan area with plans to build 47,307 square feet (4,395 square metres) of new apartments in the redeveloping neighbourhood, despite a home sales… Read More>>

Stan Tang Stan Group

Stan Group Hotel Up for Sale as Student Housing Conversion in Kowloon

2024/08/12 by Michael Cole Leave a Comment

A hotel in Hong Kong’s Mong Kok area is being marketed as a student housing investment for private buyers as the city’s hospitality market flounders and higher-end rental housing players stay on the sidelines.

Hotel Ease – Mong Kok is… Read More>>

Hong Kong Metropolitan University president Paul Lam Kwan-sing

University Buys Hong Kong Hotel for $128M as Mainland Enrollment Surges

2024/07/01 by Kevin He Leave a Comment

Hong Kong Metropolitan University (HKMU) has acquired a 255-key hotel in Kowloon’s Hung Hom area for use as student housing, as the educational institution seeks to expand its accommodation space amid an influx of mainland Chinese students in the city.

… Read More>>

Nick Tang Wang On

Hong Kong’s Wang On Adds Chevalier as JV Partner for $243M Kowloon Residential Project

2024/06/24 by Kevin He Leave a Comment

Hong Kong-based developer Wang On Properties is bringing on local conglomerate Chevalier International Holdings as a partner for a HK$1.9 billion ($243 million) residential joint venture in southeastern Kowloon’s Yau Tong area as it seeks to boost liquidity and reduce… Read More>>

Stan Tang Stan Group

Receivers Marketing Seized Kowloon Buildings at 59% Off as Banks Lose Patience

2024/05/01 by Kevin He Leave a Comment

A pair of ageing buildings in Hong Kong’s Tsim Sha Tsui area have been seized from the family of the city’s late “Shop King” Tang Shing-bor and are being offered for sale at less than half of what the clan… Read More>>

New World Tsim Sha Tsui Project Gets Planning Committee Green Light

2024/01/12 by Kevin He Leave a Comment

New World Development has secured final approval for a 28-storey commercial-led project in the heart of Kowloon’s Tsim Sha Tsui district, with the builder’s redevelopment application receiving the green light from the Hong Kong Town Planning Board’s Metro Planning Committee.

… Read More>>

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