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Kwun Tong Town Centre

Kwun Tong Plot Pulled After Receiving Single Bid and More Asia Real Estate Headlines

2023/02/04 by Christopher Caillavet Leave a Comment

Leading today’s roundup of regional news headlines, Hong Kong records its second land-sale flop of the year after a Kowloon East redevelopment site attracts a lone bid.

URA Withdraws Kwun Tong Land Sale That Drew Only One… Read More>>

Robert Ng of Sino Land

Sino Land, China Merchants Win Site in Hong Kong’s To Kwa Wan With $300M Bid

2022/10/30 by Christopher Caillavet Leave a Comment

A consortium of Hong Kong-based Sino Land and mainland builder China Merchants Land has won the tender for a redevelopment site in Kowloon’s To Kwa Wan area with a lower-than-expected bid of just under HK$2.39 billion ($300 million).

The Urban… Read More>>

Singapore condo project

Singapore Mortgages Chip Away at Monthly Income and More Asia Real Estate Headlines

2022/10/26 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, Moody’s reports that Singapore homeowners are using more of their income to service mortgages, Hong Kong’s URA invites dozens of developers to a Sai Ying Pun project tender, and SGX-listed Keppel REIT posts… Read More>>

China Probes Bank Real Estate Loans and More Asia Real Estate Headlines

2022/08/18 by Proud Channara Leave a Comment

China’s growing anxiety over its shaky real estate market leads our headline roundup today, with news emerging that the country’s main financial regulator is sifting through bank loan portfolios for risks. Also in the news, Hong Kong’s economic doldrums spell… Read More>>

Ryan Ip

$701M Kowloon Residential Project Attracts 31 Potential Buyers in URA Tender

2022/08/15 by Pawara Laothamatas Leave a Comment

Developers including Sun Hung Kai Properties, CK Asset and Henderson Land are showing continued interest in a gentrifying Kowloon neighbourhood as a tender for a HK$5.5 billion ($700.9 million) residential project in the To Kwa Wan area last week attracted… Read More>>

FEC's David Chiu

Far East Consortium Wins Sai Ying Pun URA Tender With $158M Bid

2022/08/07 by Pawara Laothamatas Leave a Comment

Hong Kong-listed Far East Consortium this past week bested eight competing bids to purchase a residential site in the city’s Sai Ying Pun area for HK$1.24 billion ($157.9 million) through a Urban Renewal Authority tender.

“The acquisition will provide the… Read More>>

alkan au jll

Hong Kong’s URA Rejigs $5B Project in Kowloon

2022/08/03 by Pawara Laothamatas Leave a Comment

Hong Kong’s Urban Renewal Authority is preparing for a HK$46 billion ($5.8 billion) mixed-use project in Kowloon, having submitted an application to the Town Planning Board late last month revising a development plan for a site in Kwun Tong.

The… Read More>>

CHFT's Alex Leung

URA Tender Closes for $305M Project in Hong Kong’s Western District

2022/07/12 by Pawara Laothamatas Leave a Comment

A tender for a residential project in Hong Kong Island’s Western district closed on Monday having drawn nine bids for the opportunity to build housing worth HK$2.4 billion ($305.7 million) in Sai Ying Pun, according to an announcement from the… Read More>>

Zhang Yuliang Greenland

S&P Downgrades Shanghai Greenland and More Asia Real Estate Headlines

2022/05/30 by McDowell Ramintas Leave a Comment

In today’s roundup of regional news headlines, Shanghai-backed Greenland Holding suffers a further downgrade to its credit rating, accounting bigfoot PwC plans to retire as auditor of Hong Kong-listed property manager Dowell Service, and China’s Seazen readies a rare offshore… Read More>>

Li Ka-Shing

CK Asset Wins Residential Site in Hong Kong’s To Kwa Wan for $767M

2022/03/06 by Pawara Laothamatas Leave a Comment

CK Asset Holdings, the development flagship of magnate Li Ka-Shing, has bested six competing bids to win a 58,534 square foot (5,438 square metre) residential site in Hong Kong’s redevelopment hotbed of To Kwa Wan for HK$5.99 billion ($767 million),… Read More>>

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