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the-center- hong-kong

Hong Kong Tycoon’s Heirs Marketing Offices in The Center at 43% Off

2025/05/01 by Iris Hong Leave a Comment

Heirs to the fortune of Hong Kong’s late “Minibus King” have dropped their price for two units in The Center, marking a record low for what was once Hong Kong’s most expensive office building.

Two units on the 27th floor… Read More>>

china housing

Goldman Sees Govt Bailout Falling Short in China and More Asia Real Estate Headlines

2025/02/13 by Michael Cole Leave a Comment

More China gloom leads today’s roundup of real estate headlines from across Asia Pacific, as Goldman Sachs points to a need for more government support for the mainland’s ailing market. Also in the news, AirTrunk hypes its second Malaysia data… Read More>>

The Center

DBS Completes Buy of Hong Kong Office Floor and More Asia Real Estate Headlines

2024/11/11 by Michael Cole Leave a Comment

Singapore banking giant DBS continues to acquire floors at a landmark Hong Kong office tower, with that story leading today’s headline roundup. Also making the list, private equity major Bain nears a deal to buy Singapore worker housing from Blackstone… Read More>>

Kaisa Kwok Ying-shing

Kaisa Marketing Hong Kong Headquarters Floor for $64M After 43% Drop in Value

2024/11/07 by Kevin He Leave a Comment

Defaulted Chinese developer Kaisa Group Holdings is marketing an office floor which serves as its headquarters in Hong Kong, with the strata-titled asset having lost nearly half its value since the company purchased the space over five years ago.

Shenzhen-based… Read More>>

"King of Cassettes" David Chan Ping-chi

Hong Kong’s Cassette King Sells Two Floors in The Center to DBS for $169M

2024/08/29 by Kevin He Leave a Comment

Hong Kong tycoon David Chan Ping-chi is offloading his remaining holdings in Hong Kong’s fifth tallest building with the sale of his last two floors in the Center, after valuations for space in the 73-storey office tower plummeted by more… Read More>>

15 Shouson Hill Road West

House on Hong Kong’s Shouson Hill Sold for $92M and More Asia Real Estate Headlines

2024/07/25 by Ponrath Sopannarath Leave a Comment

A luxury residential home on Hong Kong’s Shouson Hill sells for $92 million, with that story leading Mingtiandi’s headline roundup today. A Singapore house also makes the news as its sale sets a new benchmark in the good-class bungalow market,… Read More>>

$2.7B Data Centre Planned in the Philippines and More Asia Real Estate Headlines

2024/06/14 by Ponrath Sopannarath Leave a Comment

A plan for the Philippines’ largest data centre leads today’s headline roundup at Mingtiandi as a 300MW project is announced north of Manila. Also in the news, a villa on Hong Kong’s Peak once belonging to China Evergrande’s CEO has… Read More>>

Ma Ah-muk

Hong Kong’s Minibus King Sells Kwun Tong Industrial Building for 35% Off

2021/11/28 by Pawara Laothamatas Leave a Comment

Hong Kong’s local investors are taking advantage of the city’s accelerating industrial market, with “Minibus King” Ma Ah-muk recording an en-bloc disposal of a Kwun Tong industrial building this month for HK$390 million ($50 million), or HK$6,657 per square foot.

… Read More>>

Tung chee Hwa

Tung Chee-Hwa Family Buys Pair of Floors in The Center for HK$1.3B

2021/10/23 by Michael Cole Leave a Comment

Sales of Hong Kong office space are on the way up, but at prices well below pre-COVID rates, as members of one of the city’s richest families recently picked up a pair of floors in Central at around 20 percent… Read More>>

Hui Wing Mau

Shimao Opens 76th-Floor Flexible Office Outlet in Hong Kong’s The Center

2021/08/18 by Pawara Laothamatas Leave a Comment

Just under four years after its chairman joined a consortium that purchased one of Hong Kong’s tallest office buildings for $5.2 billion, Shimao Holdings has opened a floor in The Center as a serviced office space, according to local news… Read More>>

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