In this week’s edition of People in the News, just a few weeks after Hong Kong’s flagship airline was reminded that it operates at the pleasure of Beijing, the city’s biggest developer has moved to strengthen its mainland bona fides… Read More>>
Fresh Scandal Links Hong Kong’s Newly Retired MTR Chief to Jet Junkets with K Wah Chairman
Newly retired MTR Corporation chairman Frederick Ma Si-hang saw out the end of his tenure at the government-backed railway operator amid allegations of misconduct, following publication of videos, photographs and a news account in the Apple Daily newspaper linking the… Read More>>
Lohas Park MTR Project Pulls 11 Bids and More Asia Real Estate Headlines
The sale of a jumbo-sized housing plot in the New Territories has brought Hong Kong’s MTR Corporation a bumper crop of bids as the real estate market in the world’s priciest city shows signs of recovery.
The Asian financial hub’s… Read More>>
New CEO and Chairman at Hong Kong’s MTR and More Asia Real Estate Headlines
The biggest Hong Kong landlord that most people have never heard will have new leadership soon after the MTR Corporation, which operates the city’s light rail network, announced late last week that it has appointed a new CEO and chairman…. Read More>>
Hong Kong’s MTR to Launch Tender for HK$2.7B Lohas Park Site This Month
Hong Kong’s MTR Corporation, is said to have launched a tender for a lot in the New Territories that could carry a land premium of HK$2.7 billion ($344 million) in what will be Hong Kong’s largest residential estate.
The sale… Read More>>
Asia Real Estate People in the News 2018-11-05
Developers, investors and co-working operators once again taking leading roles in this week’s collection of people in new places, starting off with a pair of new board members at one of Asia’s biggest investors, GIC. Also of interest is a… Read More>>
Chinachem Group Buys $1.63B Kowloon Condo Site in Hong Kong
Hong Kong-listed real estate developer Chinachem Group was announced on Monday as the winner of a public tender for a residential site in the Ho Man Tin area of Kowloon East estimated to be worth nearly HK$13 billion ($1.66 billion).
Cathay Life Heir Buys SG Bungalow for S$94M and More Asia Real Estate Headlines
Singapore stories lead today’s real estate news from around the region as a member of one of Taiwan’s richest families buys a stand-alone bungalow for over $67 million despite home prices falling for the second month in a row. Meanwhile,… Read More>>
CK Asset Wins Tender for HK$38B MTR Project in HK’s Wong Chuk Hang
Victor Li’s CK Asset Holdings has won the tender for a 1.5 million square foot (139,000 square metre) project in Hong Kong’s Wong Chuk Hang area, according to an announcement today by the city’s MTR Corporation, which sold the combined… Read More>>
WeWork Opens Third HK Location in Taikoo Shing and More Asia Real Estate Headlines
Hong Kong and Singapore dominate today’s real estate headlines in the region as WeWork opens its third location along the fragrant harbour and yet another set of condo owners try for a collective sale in the Lion City. Meanwhile, the… Read More>>