Leading today’s real estate news from around the region, Tencent is hoping that its newly opened Shenzhen offices will help the tech giant to build a vertical community campus, while slightly further south in Hong Kong it was revealed that… Read More>>
SHK, Swire and Hang Lung Said to Square Off for RMB 4.7B Shanghai Site
Three of Hong Kong’s biggest developers are said to have made it to the final round of a competition for a rare site in Shanghai’s Jing’an district in a land auction set to end this week.
Sun Hung Kai Properties,… 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>>
Luxury Home on Hong Kong’s Victoria Peak Could Sell for $76M
Hong Kong’s housing market may be in the doldrums but sales of high-end luxury properties are sailing smoothly enough for the city’s largest developer to put on the market a house that should sell for at least HK$145,000 ($18,517) per… 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>>
Kai Tak Runway Site Tender Struggles to Take Off With Developers
A land parcel on what was once the take-off point for Hong Kong’s international airport, and the first housing site to be made available on a former Kai Tak runway, failed to take flight with developers on Friday when only… Read More>>
Henderson Land and Friends Seek $6B in Financing for Kowloon Mega-Project
Hong Kong-listed real estate developer Henderson Land is leading a consortium of property firms in the city in an effort to raise about HK$46 billion ($6 billion) via bonds and loans, according to sources cited by Bloomberg. to push forward a… Read More>>
Tencent Ties Up with Sun Hung Kai to Push Mobile Payment in Hong Kong
Technology giant Tencent has expanded its network of cooperation agreements with property firms to Hong Kong with the maker of the mainland’s ubiquitous WeChat app last week announcing a partnership with Sun Hung Kai Properties.
Tencent is now working with… Read More>>
Former SHK Chairman Walter Kwok Dies at 68
Walter Kwok, once the chairman of Hong Kong’s largest property developer, Sun Hung Kai, passed away Saturday morning in the city’s Adventist Hospital, according to a report in the South China Morning Post.
The death of Kwok, who inherited part… Read More>>
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