In today’s roundup of regional news headlines, Hongkong Land does an about-face on co-working space, China Evergrande’s shares slip on fears that the developer might have to dilute its stake in a mainland bank it’s chummy with, and Abu Dhabi’s… Read More>>
Chinachem Wins West Kowloon Site for HK$913M
Hong Kong developer Chinachem Group has won a tender to develop a residential parcel in West Kowloon, according to an official announcement late last week.
The company led by CEO Donald Choi shouldered aside 16 other bidders to win the… Read More>>
Shop in Central Sells for 50% Off and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a retail unit in Central was sold for HK$15 million — 50 percent below the original asking price. Also in the headlines, watch maker National Electronics Holding acquired a luxury house in Deep… Read More>>
HK Ferry Wins Sham Shui Po Project for HK$1B and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, ferry operator Hong Kong Ferry has been awarded the rights to redevelop a project in Sham Shui Po for HK$1 billion ($131 million) by the city’s Urban Renewal Authority. Also in the headlines,… Read More>>
Strata Owners of the Center Hope for Instant Returns and More Hong Kong Real Estate Headlines
The new owners of the Center on Hong Kong’s Queen’s Road are wasting no time in looking for a return on the investment, and their hopes for instant profits of up to 66 percent lead today’s real estate news in… Read More>>
Hugo Lam Puts Causeway Bay Tower on the Market and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, property flipping aficionado Hugo Lam has decided that 2018 is prime time to start marketing a ginza-style building in Causeway Bay for HK$1.3 billion, less than a year after purchasing it for HK$965… Read More>>
URA to Reveal Winning Bid Amounts and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city’s urban redevelopment agency has announced a new policy to inform the public of the amounts of successful bids in a move to improve transparency. Also in the headlines, Hong Kong-listed developer… Read More>>
Henderson Land Underlying Profit Climbs 38% and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news in the city eats, sleeps and dreams about space, Lee Shau-kee’s property heavyweight Henderson Land released its 2017 financial results and beat estimates by announcing a 38 percent rise in underlying profits for… Read More>>