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CSI Properties Sells New Territories Retail Podium for $56M

2022/11/08 by Pawara Laothamatas Leave a Comment

CSI Properties has agreed to sell the retail podium of its residential tower in the New Territories for HK$440 million ($56 million), an executive from the Hong Kong-listed developer confirmed to Mingtiandi.

The unnamed buyer – a local family office,… Read More>>

Xu Jiayin Evergrande

Evergrande Loses $770 Million on Sale of Hong Kong Plot Seized by Oaktree

2022/11/07 by Iris Hong Leave a Comment

China Evergrande Group shared some more bad news on Sunday when it announced a loss of approximately $770 million on a project in Hong Kong’s New Territories.

The troubled developer’s latest financial failure is a result of receivers appointed by… Read More>>

Hannah Jeong Colliers

CK Asset Buys Re-tendered Tuen Mun Residential Project for $586M

2022/10/06 by Pawara Laothamatas Leave a Comment

CK Asset Holdings has topped four competing bids to acquire a residential development site in Hong Kong’s New Territories for HK$4.6 billion ($586 million), according to an announcement published on Wednesday.

The developer controlled by billionaire Li Ka-shing acquired the… Read More>>

Kenneth Ng Kar Wai Wing Tai

Wing Tai, Vanke Win Tender for New Territories Site with $100M Bid 

2022/09/21 by Iris Hong Leave a Comment

Wing Tai Properties Limited and China Vanke on Tuesday won a tender for a residential site in Hong Kong’s Sha Tin district with a bid of HK$786.4 million (US$100 million), exceeding analyst predictions despite the city’s biggest housing downturn in… Read More>>

kristoffer harvey goodman

Australia’s Goodman Opens 400MW Hong Kong Data Centre Campus

2022/08/31 by Beatrice Laforga Leave a Comment

Australian industrial specialist Goodman Group on Wednesday opened a data centre complex in Hong Kong’s New Territories with up to 400 megawatts in overall power capacity, creating one of the city’s largest digital infrastructure facilities.

The bit barn is part… Read More>>

Chang Rui Hua ESR

ESR Wins Logistics Site in Hong Kong’s Kwai Chung With $668M Bid

2022/07/21 by Pawara Laothamatas Leave a Comment

ESR has acquired its second project ever in Hong Kong, having shouldered aside two competing bids to secure a logistics site at the city’s Kwai Chung container port for nearly HK$5.26 billion ($668.7 million), according to an announcement made late… Read More>>

Hugo Lin Tsz Fung

China Resources Buying Mall in Hong Kong’s New Territories for $170M

2022/06/23 by Beatrice Laforga Leave a Comment

A unit of China Resources Group has picked up the group’s fifth major Hong Kong property over the past year with its purchase of a shopping complex in the New Territories from mainland investor Hugo Lam Chi-fung for a record… Read More>>

CK Asset chairman and managing director Victor Li

CK Asset Applies to Convert New Territories Hotel into 1,102 Homes

2022/06/23 by Pawara Laothamatas Leave a Comment

Hong Kong’s CK Asset Holdings could be on its way to turning the Harbour Plaza Resort City hotel in the New Territories into a HK$14 billion ($1.78 billion) housing and retail project, having on 7 June submitted an application to… Read More>>

MTR David Tang

Hong Kong’s MTR Corporation to Market 5,700 Flats, Launch 4 Tenders in 2022

2022/03/23 by Pawara Laothamatas Leave a Comment

Hong Kong transit operator MTR Corporation this week unveiled plans to launch sales of about 5,700 homes in the city this year, despite residential transactions having touched a six-year low in the first quarter of 2022.

“We aim to launch… Read More>>

Stan Tang

Family of Late ‘Shop King’ Sells 13th Major Hong Kong Asset in Six Months

2022/01/09 by Pawara Laothamatas Leave a Comment

In their 13th major asset disposal in six months, the family of Hong Kong’s late “Shop King” Tang Shing-Bor have started the new year on a familiar note, taking in a reported HK$650 million ($83.3 million) with the disposal of… Read More>>

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