Tang Shing-Bor, known in Hong Kong as the “Shop King” has hit a patch of legal trouble after failing to pay more than HK$12 million ($1.5 million) in rent, according to local news reports.
The owners of a building at… Read More>>
Stan Group Sets Sights on Kowloon Resi Project with Mongkok Compulsory Sale Bid
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>>
Jho Low Forfeits $1B in Assets to US Authorities and More Asia Real Estate Headlines
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>>
China’s Smart Buildings are Watching You and More Asia Real Estate Headlines
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>>
Hong Kong Shopfront Empire Goes High Tech with Blockchain Real Estate Deal
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>>
Tang Shing-bor Buys Yau Ma Tei Hotel for HK$1.1B as Kowloon Plan Takes Shape
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>>
Duff & Phelps Moves HQ to Three Pacific Place and More Hong Kong Real Estate Headlines
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>>
Peak Condo Sells for HK$667M and More Hong Kong Real Estate Headlines
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>>
Floor in 9 QRC Sold for HK$600M and More Hong Kong Real Estate Headlines
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>>
HK’s Shop King Swaps Wan Chai Hotel for Sai Kung Site in HK$1.4B Deal
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>>
