Despite drawing 11 bids from interested developers, a residential site in Hong Kong’s New Territories sold for less than half of 2022 rates this past week, as the city’s housing market continues to slide.
A unit of developer Sun Hung… Read More>>
Sasa Cashes in on Causeway Bay 65% Off Sale and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, local cosmetics retailer Sasa is ready to celebrate Christmas with shoppers in Causeway Bay by taking advantage of 65 percent discounts available on new leases on the world’s most expensive retail street. Meanwhile,… Read More>>
Jewelry Group Bags Office in Shatin for HK$650M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Luk Fook Holdings may be betting that the city’s real estate is even more valuable than the gold it sells in its shops after the jewellery retailer acquired four floors in an office… Read More>>
Mapletree Logistics Trust Buys Out Hong Kong Project for $78M
Singapore-listed Mapletree Logistics Trust is acquiring the remaining 38 percent of a logistics property in Sha Tin for HK$610 million ($78 million) and will now fully own the strata-titled distribution facility in the residential and industrial district of Hong Kong’s… 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.