The family of Hong Kong’s late “Minibus King” Ma Ah-muk has put up for sale a 93-key hotel in the city’s Sai Ying Pun area, with brokers marketing the budget hostelry for conversion to student housing.
With Ma having built… Read More>>
Weave Living Launches Tenth Location in Hong Kong’s Sai Ying Pun
Warburg Pincus-backed Weave Living has launched the latest location for its Weave Studios line in western Hong Kong island’s Sai Ying Pun area, marking its tenth location across Asia Pacific as the rental housing investor and operator continues to expand… Read More>>
CK Asset Refills Hong Kong Pipeline with $150M Win of Sai Ying Pun Site
CK Asset Holdings has won a tender for a residential development site in the Sai Ying Pun area of western Hong Kong Island with a bid of HK$1.16 billion ($150 million).
The developer controlled by billionaire Li Ka-shing secured the… Read More>>
Far East Consortium Wins Sai Ying Pun URA Tender With $158M Bid
Hong Kong-listed Far East Consortium this past week bested eight competing bids to purchase a residential site in the city’s Sai Ying Pun area for HK$1.24 billion ($157.9 million) through a Urban Renewal Authority tender.
“The acquisition will provide the… Read More>>
K Wah Wins Residential Site in Hong Kong’s Mid-Levels West for $70M
K Wah International Holdings is adding an eighth residential project to its Hong Kong pipeline after the HKEX-listed developer’s offer of HK$551 million ($70.1 million) led a government tender for a plot in the Mid-Levels West, according to an announcement… Read More>>
Tender for $140M Project in Hong Kong’s Mid-Levels West Closes Friday
A government tender for a residential site on Hong Kong Island is set to close this Friday, giving developers an opportunity to build a housing project worth up to HK$1.1 billion ($140.1 million) in the Mid-Levels West area above Sheung… Read More>>
URA Tender Closes for $305M Project in Hong Kong’s Western District
A tender for a residential project in Hong Kong Island’s Western district closed on Monday having drawn nine bids for the opportunity to build housing worth HK$2.4 billion ($305.7 million) in Sai Ying Pun, according to an announcement from the… Read More>>
Vantone Buys Hong Kong Hotel at 30% Discount as Tourist Drought Continues
A hotel in Hong Kong’s Sai Ying Pun district recently changed hands for HK$310 million ($40 million), taking a 30 percent shave off the HK$450 million asking price when it was put on the market in May.
Beijing-based Vantone Holdings,… Read More>>
Billionaire Developer Targets HK$700M Forced Sale in Western HK
One of Hong Kong’s wealthiest men has moved a step closer to developing a residential complex in the city’s Sai Ying Pun district after successfully applying for a compulsory sale of the remaining units in a 61-year-old walk-up near the… Read More>>
Casino Heir Buys Office in Central for HK$73.8M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the heir of Macau casino tycoon Fu Tak Iam has decided to take a gamble on a strata title office floor in Central, while WeWork has surrendered leases amounting to 20 percent of… Read More>>