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Ronnie Chan Hang Lung

Hang Lung Approved to Build $637M Luxury Project on Former US Site in Hong Kong

2022/11/02 by Pawara Laothamatas Leave a Comment

Hang Lung Properties has been given the green light to build luxury homes on a former US government site on Hong Kong’s Shouson Hill, according to a recent report by the city’s Buildings Department, with analysts predicting that the… Read More>>

15 Shouson Hill Road West

Mainland Builder Mingfa Exiting Stake in Shouson Hill Project for $82M

2022/09/19 by Christopher Caillavet Leave a Comment

Mingfa Group has agreed to sell its 20 percent stake in No.15 Shouson, a luxury residential project in Hong Kong Island’s Deep Water Bay, to existing partners for HK$650 million ($82.8 million), as the mainland developer looks to raise some… Read More>>

Albert Yeung Emperor International

Shouson Hill Home Sells for $55M as Turbulence Challenges HK Luxury Market

2022/07/25 by Christopher Caillavet Leave a Comment

A villa has sold for HK$435 million ($55.4 million) at No.15 Shouson in Hong Kong Island’s Deep Water Bay, showing resilience in demand for high-end homes as higher interest rates threaten to tamp down luxury market sentiment.

House 11 in… Read More>>

Albert Yeung Emperor International

Deep Water Bay Home Sells for $111M in Hong Kong’s Priciest Deal This Year

2022/06/28 by Pawara Laothamatas Leave a Comment

A luxury villa in Hong Kong Island’s Deep Water Bay sold on Sunday for HK$870.2 million ($110.8 million), according to public records, in the city’s priciest residential transaction this year.

With the market for Hong Kong high-end housing continuing to… Read More>>

Hui Wing Mau Shimao

Shimao Chairman Selling Stake in Hong Kong Luxury Project for $134M

2022/02/01 by Pawara Laothamatas Leave a Comment

Hui Wing Mau, chairman of defaulting real estate developer Shimao Group, has agreed to sell his 40 percent stake in a luxury project in Hong Kong’s Deep Water Bay for a total consideration of HK$1.04 billion ($134.2 million), according to… Read More>>

Hannah Jeong HEAD OF VALUATION AND ADVISORY SERVICES APAC

IPO Tycoons Help Drive Near Tripling of Hong Kong Luxury Home Sales

2021/08/25 by Pawara Laothamatas Leave a Comment

Sales in Hong Kong’s luxury residential market nearly tripled in the 12 months that ended 30 June, driven by wealthy locals who resumed home-buying activities and a surge of initial public offerings on the Hong Kong and Shenzhen stock exchanges.

… Read More>>

37 Shouson Hill

Sale of US Govt Property in Hong Kong Moves Ahead and More Asia Real Estate Headlines

2021/02/19 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, Hong Kong approves the sale of a US consular property on Shouson Hill after resolving a diplomatic impasse, while Blackstone bigwig Stephen Schwarzman deals with a backlash over his political leanings.

Read More>>

wang-wenbin foreign ministry

Chinese Govt Derails Hang Lung’s Purchase of US State Dept Site in Hong Kong

2020/12/30 by Michael Cole Leave a Comment

Just a few weeks after cancelling 2020’s biggest IPO, China’s central government has seized another opportunity to assert its authority in the business realm by blocking an agreement for the sale of a US consular property in Hong Kong.

In… Read More>>

Ronnie Chan

Hang Lung Buys US Govt Plot in Hong Kong at 37% Off 2018 Rates

2020/09/10 by Elizabeth Kerr 1 Comment

Under a cloud of sanctions and suspended trade privileges, the US government sold a set of consular residences in Hong Kong’s southern District to Hang Lung Properties for HK$2.6 billion ($331 million), the developer said in an email to Mingtiandi… Read More>>

US Consulate’s HK$5.2B Site Could Sell for 24% Off Amid Hong Kong Downturn

2020/06/03 by James Hatton Leave a Comment

Amidst growing friction with Chinese authorities, the US Department of State has put up for sale a residential site in one of Hong Kong’s most exclusive enclaves, and it could be set to sell for nearly a quarter less than… Read More>>

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Tom Gaffney

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