Asia real estate and outbound investment news
Stan Group has applied for the compulsory sale of a 50-year-old industrial building in Hong Kong’s Mongkok district, according to an account in the Hong Kong Economic Times.
The Hong Kong investment group, which manages a HK$60 billion ($7.7 billion)… Read More>>
A Malaysian fugitive leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the alleged mastermind of the 1MDB scam has agreed to forfeit property assets that include a boutique hotel in Beverly Hills… Read More>>
Big Brother leads the way in Mingtiandi’s roundup of real estate headlines today with news that proptech-enabled buildings in China may be using their data-capturing sensors and facial-recognition scanners to spy on their occupiers
In other news around the region,… Read More>>
The scion of Hong Kong’s best known empire of shopfronts, industrial projects and mini-hotels is taking the family business high tech with an announcement this week of a blockchain initiative that aims to tokenise real estate in the world’s priciest… Read More>>
Hong Kong entertainment giant Emperor International has announced to the Hong Kong Stock Exchange that it is selling a hotel property in Hong Kong’s Yau Ma Tei district for HK$1.1 billion ($140 million) to “Shop King” Tang Shing-bor, who is… Read More>>
Leading today’s Hong Kong real estate news, reports of a market downturn seem to still be unconfirmed rumours last week in the city’s prime business districts as new office leases and asset sales pushed the upper limits of market… Read More>>
Leading today’s Hong Kong real estate news, home sales in the city may be sliding, but high-end shelter seems to still be attracting buyers as a condo on the Peak has sold for HK$667 million, setting a record high price… Read More>>
Leading today’s Hong Kong real estate news, grade A offices in Central continue to attract buyers despite the current downturn, with a floor in 9 Queen’s Road Central having sold for HK$43,662 per square foot. Meanwhile Shui On’s Vincent Lo… Read More>>
Hong Kong billionaire Tang Shing-bor, known as the city’s “Shop King”, is trading an 80-room hotel in Wan Chai in exchange for a potential housing site in Sai Kung, a suburban area of the city, in a deal that involves… Read More>>
Leading today’s Hong Kong real estate news, a 19-storey Ginza-style commercial building owned by Henderson Land and Lai Sun Group is reportedly nearing a sale to an unidentified buyer for HK$3.9 billion. Also in the headlines, Tuesday’s record-breaking Kai Tak… Read More>>
