The first government tender of a residential project in Hong Kong’s Wan Chai area in eight years closed on Friday with a flock of developers entering bids for the chance to develop housing worth nearly HK$3 billion ($382 million) on… Read More>>
Singapore Launches Tenders for Trio of Residential Plots Valued at $1B
The Singapore government has released three residential sites valued at a total of S$1.36 billion ($1 billion) on the same day, adding an estimated 1,880 homes to the city-state’s housing pipeline.
The three plots, located across the city on Dairy… Read More>>
Hongkong Land, Shui On Said Vying For RMB 13.6B Site Near Shanghai’s Xintiandi
One of the highest profile early entrants to the Shanghai property market is facing off against the biggest landlord in Hong Kong’s Central district in the final bidding for a prime commercial site in Shanghai’s Huangpu district expected to sell… Read More>>
Sun Hung Kai Buys Kai Tak Site For $3.2B in Hong Kong’s Biggest Recorded Land Sale
Sun Hung Kai Properties has agreed to pay the largest sum ever at a government land sale in one of the world’s most expensive real estate markets when the listed real estate developer won a government tender for a residential… Read More>>
US$2.7B Kai Tak Project Could Break Record for Hong Kong’s Priciest Housing Site
A development consortium including Wheelock, K Wah International and Sino Land shocked Hong Kong by paying a record HK$17.28 billion ($2.21 billion) for a waterfront residential site in Cheung Sha Wan late last year. Five months later, a residential lot… Read More>>
Chinachem Outbids 24 Developers to Win Kwun Tong Site for $397M
Hong Kong developer Chinachem Group has won a tender to develop a residential parcel in the Kwun Tong area of the city’s Kowloon East, shouldering aside 24 other bidders to offer HK$3.1 billion ($397 million).
Other competitors for the site… Read More>>
Nine Hong Kong Bidders Compete for $1.4B Site in City’s Central District
A prime commercial site in Hong Kong’s Central area may sell for up to HK$11 billion ($1.41 billion), after drawing nine bids from local developers in a tender that closed on Monday.
The city’s Urban Renewal Authority (URA) announced that… Read More>>