Leading today’s Hong Kong real estate news, grade A offices in Central continue to attract buyers despite the current downturn, with a floor in 9 Queen’s Road Central having sold for HK$43,662 per square foot. Meanwhile Shui On’s Vincent Lo… Read More>>
Wang On Properties Wins Tsing Yi Site For HK$867M and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, is the results of the latest government land auction, which resulted in a mid-sized developer winning a tiny residential site in Tsing Yi, the New Territories for HK$867 million. Also getting some ink,… Read More>>
Hotels Turn To Co-Living Amid Tourist Drop and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, more hotels are being converted to co-living space in search of greater rental yields, and the government is casting about for solutions to relieve the city’s housing crisis, including build flats at a… Read More>>
Wang On Said Buying Pokfulam Project for HK$900M and More Hong Kong Real Estate Headlines
Hong Kong’s property market continues its hot streak in the new year with Wang On and Sun Hung Kai each reportedly buying new assets during the first week of 2018. Henderson Land is also in a buying mood as it… Read More>>
Shop King Buys Hang Lung Retail Centre for HK$330M and More Hong Kong Real Estate Headlines
Hong Kong’s real estate deal makers don’t seem to have taken much of a holiday break, as we come back after Christmas with news of the city’s shop tycoon buying retail project in the New Territories from Hang Lung, and… Read More>>
Country Garden Buys Hong Kong Waterfront Site From Wang On for $313M
China’s Country Garden has shrugged off a government clampdown on cross-border capital flows by acquiring its second Hong Kong project in less than three months. The Guangzhou-based developer is picking up a 60 percent stake in a waterfront residential site in… Read More>>
Mainland Builder Sells HK Site to Wang On and More Asia Real Estate Headlines
Chinese developers may be snapping up all of Hong Kong’s residential land on the market this year, but one mainland builder under financial pressure is exiting an investment in the city, as it sells a housing site in Ma On… Read More>>
State-Owned Developers Claiming Larger Stake in China Market and More Asia Real Estate Headlines
First-half financial results have begun to be tallied for the mainland’s cohort of property developers, and many analyst expect the figures to show the growing dominance of state-run companies in the sector. Also in the news, less than a year… Read More>>