In today’s roundup of regional news headlines, a Softbank-owned investment firm is reportedly seeking to buy Japanese department store Sogo & Seibu, an acquisition deal for Singapore’s Sime Darby Business Centre collapses, and the fate of a crypto investor’s luxury… Read More>>
Jordan Shop Sells for 50% Off and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a retail unit in Kowloon’s Jordan area was sold for HK$19 million — 50 percent below the original asking price. In the residential realm, a villa at Henderson Land’s Beverly Hills project in… Read More>>
Henderson Buys Out Aging Hong Kong Building to Acquire New Territories Site
Hong Kong’s Henderson Land Development has added another project site to its land bank in its home city by acquiring the last three units in a building in the New Territories’ Tai Po town.
The blue chip developer recently paid… Read More>>
Sun Hung Kai Wins Site in Hong Kong’s Tai Po for HK$6.31B
Hong Kong developer Sun Hung Kai Properties has won a residential parcel in Hong Kong’s New Territories for HK$6.31 billion ($804 million), according to an announcement by the city’s Lands Department, snatching up the Tai Po project for a higher… Read More>>
Warburg Pincus Leads $35M Investment in India Startup and More Asia Real Estate Headlines
With much of east and southeast Asia on holiday last week, India moved to centre stage as Warburg Pincus made a bet on a tech startup that could boost the company’s portfolio of logistics assets.
Also on the subcontinent, a… Read More>>
Tiny Flat Frenzy Goes Bust and More Hong Kong Real Estate Headlines
The era when Hong Kong residents loved buying — and living in — apartments the size of most kitchens found in ordinary US homes appears to be over. If ever there was an indicator that Hong Kong’s decade-plus run of… Read More>>
Chun Wo Project Found Using Substandard Steel and More Hong Kong Real Estate Headlines
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>>
Property Deals Hit 21-Year High From Jan-May and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the total spend on property in the city reached HK$300 billion in the first five months of the year, a post-1997 record for the January to May period. Also in the headlines, a… Read More>>
Pop Star Joey Yung Buys HK$200M Home and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Cantopop singer Joey Yung paid an estimated HK$200 million ($25 million) for a luxury home in Repulse Bay. Also in the headlines, you may not be able to buy a Michelin star, but… Read More>>
HKRI and Hysan Team Up For $437M Site in HK’s Tai Po
In another sign that Hong Kong’s new stamp duty may not have a large impact on the housing market, Strongbod Limited, a joint venture between HKR International and Hysan Development, submitted a winning bid of HK$3.39 billion ($437 million) to… Read More>>