Leading today’s Hong Kong real estate news, a retail unit in Kowloon’s Jordan area was sold for HK$19 million — 50 percent below the original asking price. In the residential realm, a villa at Henderson Land’s Beverly Hills project in… Read More>>
Kerry, Swire, Sino Land Win MTR Site in Hong Kong for Reported HK$6.8B
Hong Kong’s MTR Corporation has awarded a residential development in a southern district of the city to a consortium formed by Kerry Properties, Swire Properties, and Sino Land.
The trio of local developers is reported to be paying a HK$6.76… Read More>>
Singapore Condo Owners Try Again for Collective Sales and More Asia Real Estate Headlines
Sales of new condos continue to slide in Singapore, but home owners in a pair of major projects in the city-state are still trying for collective sales of their homes, with one complex making its fifth attempt to find a… Read More>>
HK Construction Giant Files for Liquidation and More Asia Real Estate Headlines
Economic stress lead’s today’s real estate news from around the region, as an 80-year-old Hong Kong construction company could be up for demolition after missing a $150 million bond payment this week, and mainland China’s oldest investment conglomerate hopes to… Read More>>
Kaisa Says $150M Xi’An Project Seized by Local Developers and More Asia Real Estate Headlines
Infamous for its 2015 debt defaults, developer Kaisa Group is back in the news this week with a new take on trouble, as the Hong Kong-listed firm now says that one of its Xi’an projects has been illicitly taken over… Read More>>
SHK’s SUNeVision Wins Hong Kong Data Centre Site for HK$5.4B
SUNeVision Holdings, a subsidiary of property giant Sun Hung Kai Properties, has won the tender for a data centre site in Hong Kong’s Tseung Kwan O district for HK$5.456 billion ($700 million), outbidding six other developers.
An announcement by the… 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>>
Fosun Tourism IPO Scrapes Up $428M and More Asia Real Estate Headlines
Fosun Tourism Group went to market on Friday with its IPO, returning with a valuation of $2.44 billion, after pricing its shares at the low-end of the expected range. The lean listing for the owner of the Club Med resort… Read More>>
Tesla Buys Land for Shanghai Factory and More Asia Real Estate Headlines
Leading today’s property news from around the region, one of America’s best known entrepreneurs crossed the front lines of the current trade war to purchase an 860,000 square metre Shanghai site, as Tesla gears up to start production in China.
Sunac Focuses on Core Business After LeShi Debacle and More Asia Real Estate Headlines
Developer half-year financial results continue to dominate the headlines today, as both Sunac China and Hong Kong’s Sino Land report in with big jumps in profit driven by strong sales in the first six months of 2018. Down in Singapore… Read More>>
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