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>>
Company Controlled by Family of HK’s Teresa Cheng Buys $75M Tower
A company controlled by the family of Hong Kong secretary for justice Teresa Cheng is jumping into the city’s industrial property boom with a HK$585 million ($75.2 million) purchase in the New Territories, according to an announcement this month to… Read More>>
CK Asset Wins Tender for New Territories Housing Site With $91.8M Bid
CK Asset Holdings, the development flagship of billionaire Li Ka-shing’s business empire, has taken a step towards replenishing its thin project pipeline after topping 15 rival bids to secure a residential plot in the New Territories for a greater-than-expected HK$716… Read More>>
Mapletree Aims for First Hong Kong Data Centre After Buying $104M Site
Singapore-based Mapletree Investments on Friday announced that a Hong Kong industrial site which it acquired last month is set to become the latest addition to its growing portfolio of data centres.
“We are excited about winning this development land parcel,”… Read More>>
Evergrande Buys Hong Kong Resi Project From Henderson for HK$4.7B
Top mainland developer China Evergrande is ready to start building 400 villas in Hong Kong after buying a site in the New Territories from Henderson Land, according to a report by the blue chip local builder late last week.
In… Read More>>
Henderson Buys Out Aging Hong Kong Building to Acquire New Territories Site
Hong Kong’s Henderson Land Development has added another project site to its land bank in its home city by acquiring the last three units in a building in the New Territories’ Tai Po town.
The blue chip developer recently paid… Read More>>
Home Rents Plunge 27% in HK University Area as Mainland Students Flee Protests
While Hong Kong’s police continue to do their best to beat protestors into submission and city leaders remain stricken with stagefright, mainland students at one of Hong Kong’s largest universities have developed their own response to the Asian financial capital’s… Read More>>
Sun Hung Kai Wins Site in Hong Kong’s Tai Po for HK$6.31B
Hong Kong developer Sun Hung Kai Properties has won a residential parcel in Hong Kong’s New Territories for HK$6.31 billion ($804 million), according to an announcement by the city’s Lands Department, snatching up the Tai Po project for a higher… Read More>>
Sino Land Grabs Waterfront Hong Kong Home Site for HK$1.38 Bil
Hong Kong developer Sino Land has outbid dozens of rivals to win a residential land site in the New Territories for HK$1.38 billion ($176.7 million), setting a new price record for Hong Kong’s Ma On Shan area in Sha Tin.