Steel problems carried a housing redevelopment project in Hong Kong’s Sau Kei Wan area into the news this week as a subcontractor was found to have used substandard rebar on the 4,000 unit government subsidised project. Also in the headlines,… Read More>>
Kai Tak Mega-Deal Fuels Home Price Surge and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, property developers in the city have reacted quickly to the record-shattering land sale in the Kai Tak area last week by raising prices for new residential units, with price hikes of as much… Read More>>
HK Tops NYC for Priciest Luxury Homes and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city has retained its crown as the world’s priciest market for luxury homes, edging out New York, London and other centres of extravagance. Also in the headlines, local property firm Easyknit International… 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>>
CK Asset Eyes Mainland Rental Housing and More Hong Kong Real Estate Headlines
Leading today’s news, property giant CK Asset says it’s looking to build rental housing projects in mainland China as Beijing ramps up support for the sector. Also in the headlines, developer Emperor International has applied for the compulsory sale of… Read More>>
Soy Milk Heiress Buys Sting’s NYC Flat for $50M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong roundup, a billionaire heiress to a soy milk empire has been revealed as the mystery buyer of British rocker Sting’s massive penthouse overlooking Central Park in Manhattan. Also in the headlines, a residential plot in the… 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>>
New World Buys Up HK$700M Stake in TST Building and More Hong Kong Real Estate Headlines
Leading today’s headlines, New World Development has acquired over half of the ownership of a building on Hankow Road in Kowloon’s Tsim Sha Tsui commercial district for HK$700 million ($89 million) as the city’s major developers continue to snatch up… Read More>>
Over 20 Developers Show Interest in MTR’s Yau Tong Project and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a residential site belonging to the MTR Corporation in southeastern Kowloon’s Yau Tong area received expressions of interest from over 20 developers, including local champions Wheelock and New World, as well as top… Read More>>
CK Asset to Redevelop Hung Hom Hotel as Offices and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Li Ka-shing’s CK Asset applied to turn its hotel in Hung Hom to two office buildings, in order to capitalise on the growing demand for offices in the area. Also in the headlines,… Read More>>
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