Sun Hung Kai Properties has won a site near Hong Kong’s international airport at the lowest price in more than a decade, after the Hong Kong government conducted a second tender of the residential plot.
Hong Kong’s largest builder by… Read More>>
Shimao Cuts Asking Price for Sheraton Hotel Complex Near Hong Kong Airport by 30%
Shimao Group is making a fresh attempt to sell a Sheraton hotel complex near Hong Kong International Airport, with market sources confirming to Mingtiandi that the defaulted developer is seeking HK$4.5 billion ($580 million) for the dual-branded property.
In 2023… Read More>>
Hong Kong Government Tests Waters With Residential Land Tender After MTR Plot Sale
Following last month’s successful sale of a Lantau Island residential site by MTR Corp, the Hong Kong government plans to relaunch its tender of a nearby plot as its sole piece of land to go up for sale during the… Read More>>
MTR Plot Draws No Bids in Hong Kong’s Second Failed Land Sale in Under Two Weeks
Hong Kong’s MTR Corporation failed to receive a bid by the close of a tender for a residential and retail project near Hong Kong’s International Airport this past week, marking the city’s second failed land sale this month.
Despite receiving… Read More>>
Chinachem Wins Third HK Site in 15 Months With $350M Tung Chung Bargain Bid
Hong Kong developer Chinachem won its third government land sale in 15 months late last week when it took advantage of a tepid development market to pick up a commercial site near Hong Kong’s international airport at a bargain price,… Read More>>