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>>
Asia real estate and outbound investment news
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>>
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>>
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>>
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>>
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>>
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>>
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>>
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.
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>>
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>>