Hong Kong’s New World Development this week announced a pair of asset disposals with the development giant taking in HK$3.6 billion ($460 million) from the sale of properties in its home town.
The pair of divestments… Read More>>
SJM Buys Floor of China Merchants Tower and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, there are signs of life in Hong Kong’s market for strata title office space as an affiliate of the owner of Sheung Wan’s Shun Tak Centre has bought up a whole floor in… Read More>>
Shun Tak Centre Unit Sells for HK$83M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s floor flippers continue to look for profit from office assets as a 2,508 square foot unit in Shun Tak Centre has reportedly been sold for HK$82.8 million. Also in the headlines,… Read More>>
Wang On Said Buying Pokfulam Project for HK$900M and More Hong Kong Real Estate Headlines
Hong Kong’s property market continues its hot streak in the new year with Wang On and Sun Hung Kai each reportedly buying new assets during the first week of 2018. Henderson Land is also in a buying mood as it… Read More>>
New Price Records Set in Hong Kong as Mainlanders Buy Up Office Space
A high floor of Hong Kong’s Far East Finance Centre in Admiralty has sold for HK$540 million ($69 million) to what is said to be a mainland buyer. The deal, which equates to a price per square foot of HK$50,000… Read More>>
HKRI Selling Sheung Wan Office Space for Record $96M
Developer Hong Kong Resorts International (HKRI) has sold the entire 22nd floor of China Merchants Tower in Hong Kong’s Shun Tak Centre for HK$750 million ($95.9 million). The transaction, which values the office space at nearly HK$31,000 ($3,962) per square… Read More>>