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>>
Tang Shing-bor Buys Tsim Sha Tsui Hotel For HK$330M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Shop King Tang Shing-bor snapped up a commercial building leased to a hotel in Tsim Sha Tsui for HK$330 million ($42 million). Also in the headlines, the city’s office rents are poised to… Read More>>
Far East Org, Sino Group, Sekisui Win Prime Singapore Site for $904M
The Singapore government has awarded a prime commercial and residential site in the city’s upscale Bukit Timah neighbourhood to a consortium led by Far East Organization for S$1.2 billion ($904 million).
Far East Organization partnered with Hong Kong-based sister company… Read More>>
Sino Land and CSI Properties Win MTR Kowloon Site For $484M
Sino Land and CSI Properties have won the tender to develop a residential site in Yau Tong at the southeastern end of Kowloon for an estimated HK$3.8 billion ($484 million).
The tender for the Hong Kong site was awarded to… Read More>>
MTR’s Yau Tong Site Lures SHK, Wheelock and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the MTR Corporation’s tender for a residential site in Yau Tong, at the southeastern end of Kowloon ended at 2 pm on Friday with developers including Wheelock, Henderson Land Development and Albert Yeung’s… Read More>>
Wang On Properties Wins Tsing Yi Site For HK$867M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, is the results of the latest government land auction, which resulted in a mid-sized developer winning a tiny residential site in Tsing Yi, the New Territories for HK$867 million. Also getting some ink,… Read More>>
Country Garden, COLI Join Bidding for Tsing Yi Site and More Hong Kong Real Estate Headlines
They’re back. Or maybe they never really left, but three of China’s biggest developers reappeared in Hong Kong’s property news late last week as the mainland heavyweights joined the bidding for mixed-use site in Tsing Yi. And the New Territories… Read More>>
Container-Sized Flat Sells For HK$8M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a 209 square foot apartment in Pok Fu Lam broke the price record for micro-sized flats in the city as Hong Kongers continue to show that no foothold is too tiny for jumping… Read More>>
City Weighs Tax Deduction for Renters and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s financial chief said the government is mulling tax sweeteners to make housing a bit more affordable for renters. Also in the headlines, the Hong Kong Stock Exchange will be moving its… Read More>>