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Stephen Ng Tin-hoi Wharf

Wharf Sets New Kowloon Price Record With $1.6B HK Site Buy

2018/01/16 by Shawna Kwan Leave a Comment

Another record-breaking plot of residential land sold in Hong Kong, although this time not to a mainland developer. Hong Kong’s Lands Department announced today that local champion The Wharf won a tender for a site in Kowloon Tong, a traditional… Read More>>

Foxconn and Country Garden Buy Pair of GZ Sites for $605M to Build Tech Town

2018/01/16 by Shawna Kwan Leave a Comment

The company best known for making your iPhone has partnered with China’s top developer, Country Garden Holdings, to win two plots of land for RMB 3.9 billion ($605 million) in Guangzhou, a first-tier city in southeast China.

Foxconn Technology Group,… Read More>>

Greentown Buys Beijing’s Priciest Housing Site of 2017 for $1.3B

2017/11/11 by Greg Isaacson 1 Comment

Chinese homebuilder Greentown Group has won a piece of residential land in western Beijing for RMB 8.6 billion ($1.3 billion), paying a premium of nearly 20 percent over the reserve price to grab the city’s most expensive site on offer… Read More>>

Edward Cheng of Wing Tai

Wing Tai, CSI Team Up to Buy Site in Hong Kong’s Central for $1.5B

2017/10/25 by Greg Isaacson Leave a Comment

A pair of Hong Kong-listed developers, Wing Tai Properties and CSI Properties, has triumphed over eight other bidders to win the rights to redevelop a site in the city’s Central district, agreeing to pay a reported HK$11.6 billion ($1.49 billion)… Read More>>

Zhang Yuliang Greenland Group

Greenland Group Discloses Overdue Debt and More Asia Real Estate Headlines

2017/08/30 by Michael Cole Leave a Comment

Even in the midst of one of China’s biggest property boom cycles ever, there are still those companies that can’t make money, as Greenland Group revealed this week in its interim financial report. Also in the news, GLP sells off… Read More>>

Ang Wee Gee

Keppel, Wing Tai $327M JV Offer Tops 15 Other Bids for SG Condo Site

2017/07/31 by Greg Isaacson Leave a Comment

Keppel Land and Wing Tai Land have teamed up to place the top bid of S$446.3 million ($327 million) on a prime residential site in the Serangoon Garden neighbourhood of Singapore, where the developers intend to build over 600 homes.

… Read More>>

Antony Leung Nan Fung

Nan Fung Makes Hong Kong’s Biggest Land Buy Ever With $3.2B Kai Tak Bid

2017/06/01 by Greg Isaacson Leave a Comment

Hong Kong’s Nan Fung Development has outbid 11 rivals to win a commercial site near the former Kai Tak airport for the record-breaking price of HK$24.6 billion ($3.16 billion), according to a statement from the city government late yesterday.

Although… Read More>>

Ji Haipeng Logan

Chinese Developers Place Record S$1B Bid for Singapore Condo Site

2017/05/20 by Michael Cole Leave a Comment

A pair of Chinese developers has placed the highest bid ever for a Singapore real estate project as a joint venture between Logan Properties and Nanshan Group have offered just over S$1 billion ($722 million) for a residential site, according… Read More>>

Lee Shau-Kee Henderson

Henderson Land Buys Car Park Site in Hong Kong’s Central for $3B

2017/05/17 by Michael Cole Leave a Comment

Henderson Land Development has made a car park in Central district Hong Kong’s most valuable commercial property, after the top local developer agreed to pay HK$23.3 billion ($3 billion) for the site at a government land auction which closed last… Read More>>

3 St James

HK Investors Buy London Office Block for £135M and More Asia Real Estate Headlines

2017/05/17 by Michael Cole Leave a Comment

Brittania continues to be hot with Hong Kong property investors this year, as buyers from the former colony have purchased a second office block on toney St James Square within the past month. Also in the headlines, Mapletree has been… Read More>>

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