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Henry Cheng New World

New World Development Wins $2.5B Skycity Project at Hong Kong Airport

2018/05/03 by Shawna Kwan Leave a Comment

New World Development has won the right to develop a HK$20 billion ($2.5 billion) commercial complex adjacent to the Hong Kong International Airport that will be almost five times the size of the city’s IFC Mall.

The city’s Airport Authority… Read More>>

Cuscaden Road site

New World, FEC and SC Global in Record $309M Singapore Site Bid

2018/04/28 by Shawna Kwan Leave a Comment

Hong Kong developers New World Development and Far East Consortium have teamed up with their Singapore counterpart SC Global Developments to lodge a record S$410 million ($309 million) bid for a residential site near the city-state’s Orchard Road, according to an… Read More>>

Edwin Leong Consolidates Sai Ying Pun Site and More Hong Kong Real Estate Headlines

2018/04/26 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, after snapping up the Butterfly on Waterfront Hotel in Sai Ying Pun, billionaire Edwin Leong’s Tai Hung Fai Enterprise is bidding for more sites on the same block to pave the way for… Read More>>

We Doctor

New World to Build Hospitals with Tencent’s We Doctor and More Hong Kong Real Estate Headlines

2018/04/14 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, mainland tech giants continue to build partnerships with the region’s biggest builders, with New World Developments new deal to build hospitals in the mainland and Hong Kong with Tencent-backed online healthcare service provider… Read More>>

Hankow Apartments

New World Buys Up HK$700M Stake in TST Building and More Hong Kong Real Estate Headlines

2018/04/04 by Shawna Kwan Leave a Comment

Leading today’s headlines, New World Development has acquired over half of the ownership of a building on Hankow Road in Kowloon’s Tsim Sha Tsui commercial district for HK$700 million ($89 million) as the city’s major developers continue to snatch up… Read More>>

lee shau kee

Henderson Land Underlying Profit Climbs 38% and More Hong Kong Real Estate Headlines

2018/03/22 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news in the city eats, sleeps and dreams about space, Lee Shau-kee’s property heavyweight Henderson Land released its 2017 financial results and beat estimates by announcing a 38 percent rise in underlying profits for… Read More>>

Li Ka-shing

CK Asset Sold HK$53B in Flats Last Year and More Hong Kong Real Estate Headlines

2018/02/27 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset Holdings achieved record-high sales for the industry last year by moving HK$53 billion in flats. Also in the headlines, mainland developers have changed their land-buying tactics in the city… Read More>>

Hong Kong co-living

Property Prices Push HK Youth into Co-Living and More Hong Kong Real Estate Headlines

2018/02/20 by Shawna Kwan Leave a Comment

Leading today’s headlines in the world’s priciest property market, Hong Kong’s youth continue to expand the sharing economy from the office into their homes, and property sales in the city are expected to have totalled $103.6 billion in the now-departed… Read More>>

Kwun Tong Housing Site Draws 24 Bids and More Hong Kong Real Estate Headlines

2018/01/20 by Shawna Kwan Leave a Comment

Leading today’s Hong Kong real estate headlines, a residential site in Kwun Tong that could be worth up to HK$3.4 billion brought in two dozen bids from a roster of heavyweights including CK Asset, Sun Hung Kai Properties and Henderson… Read More>>

Adrian Cheng New World

New World’s Victoria Dockside Breaks Record For Kowloon Office Rents

2018/01/08 by Shawna Kwan Leave a Comment

New World Development’s K11 Atelier tower on the Tsim Sha Tsui waterfront has just leased out a full mid-level floor for a monthly rent of HK$2.6 million ($332,413), or HK$95 per square foot, according to a media report. The rate… Read More>>

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