Leading today’s Hong Kong real estate news, Hong Kong giants Henderson Land and Swire Properties have had a joint commercial development application in Quarry Bay turned down despite snapping up a set of shops on the site for HK$82 million.
Hong Kong Shop Sold for Nearly Half Off as Virus Hits Retail
Shoppers have disappeared from the streets of Hong Kong, and with retail sales dropping, some store owners in Asia’s most expensive city have resorted to selling the shop.
A store along Nathan Road in Mongkok — normally one of Hong… Read More>>
Empty Kowloon Shop Sold at 41% Loss as HK Retail Falls Victim to Virus
A shop in Hong Kong’s Tsim Sha Tsui shopping district has been sold at a more than 41 percent loss as the city’s virus control measures crimp retail sales and push down commercial rents.
A property investment firm believed to… Read More>>
Kailong Grabs Kowloon Site for HK$448M, Readies for Tsim Sha Tsui Project
Kailong Real Estate is preparing to start work on its latest Hong Kong project after purchasing a pair of ageing buildings in the Tsim Sha Tsui district of Kowloon, according to the firm’s top executive in the city.
A joint… Read More>>
Kimberley Hotel in Hong Kong’s Tsim Sha Tsui Said to Receive HK$4.8B Offer
A four-star hotel in Hong Kong’s Tsim Sha Tsui district, which fell into receivership after its owner was tortured to death on the mainland has received an offer from an interested buyer, according to a report in the Hong Kong… Read More>>
New World Buys Up Ap Lei Chau Site and More Hong Kong Real Estate Headlines
In Mingtiandi’s latest Hong Kong headline update, local giant New World Development has been making some acquisitions of old buildings for redevelopment in both the South Island area and in Kowloon’s Tsim Sha Tsui, as new sites continue to be… Read More>>
K&K Property Buys Kowloon Project From CSI for HK$1.8B
Hong Kong’s K&K Property has acquired three 1960s-era buildings in Tsim Sha Tsui for redevelopment, according to Knight Frank, which brokered the deal on behalf of the developer founded by Laws Group boss Law Ting-pong
In the latest in a string… Read More>>
Indonesian Co-Working Player CEO Suite Takes Kowloon Office Forfeited by Kr Space
Jakarta-based co-working provider CEO Suite is opening a 27,000 square foot (2,508 square metre) office location in New World Development’s K11 Atelier in Tsim Sha Tsui, according to market sources who spoke with Mingtiandi, moving into a prime Hong Kong… Read More>>
Hang Lung Plans HK$2.6B North Point Project and More Hong Kong Headlines
The world’s most expensive real estate market never stops moving and in this week’s roundup of Hong Kong stories, we bring you all the events that didn’t make its way into Mingtiandi’s breaking news coverage last week. We lead the… Read More>>
WeWork Said Leasing Six Floors in TST as Hong Kong Expansion Continues
US co-working unicorn WeWork still has its foot on the gas in Hong Kong with local news sources saying the flexible space startup has just taken on six new floors in Wharf’s Harbour City complex near the Star Ferry terminal… Read More>>