Leading today’s Hong Kong real estate news, Weber Lo will step up as developer Hang Lung’s new CEO starting in May, taking over from Philip Chen. Also in the headlines, design firm Benoy sees Instagram-worthy opportunities to develop the site… Read More>>
Wheelock Project Sells 750 Units in Two Days and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Wheelock was able to sell 750 units in its new Malibu project in Tseung Kwan O, the New Territories in just one weekend. Also changing hands is a floor in Silver Fortune Plaza,… Read More>>
HNA Group Sells Kai Tak Site to Hong Kong’s Wheelock for $811M
Cash-strapped HNA has grabbed another lifeline from a Hong Kong developer to help crawl its way out of debts estimated at $100 billion. In the latest attempt to bail out its balance sheet, the Hainan-based conglomerate agreed to sell one… Read More>>
Former Link REIT Retail Centre on Market for 2x 2016 Price and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, a local investor is hoping to nearly double his money on a community retail asset in the New Territories, less than two years after buying the Tuen Mun centre from Link REIT for HK$440… Read More>>
Gaw-Led Group Closes on Link REIT Retail Deal and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, Link REIT has completed its HK$23 billion sale of a horde of shopping malls to a consortium led by Gaw Capital. Also in the headlines, the government is weighing action to rein in… Read More>>
Walter Kwok Grabs HK$6B Clubhouse and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, former Sung Hung Kai chairman Walter Kwok has put down HK$6 billion to redevelop a 50-year-old clubhouse, and a project headed by a former sidekick of Richard Li has started selling off office… Read More>>
Kwun Tong Housing Site Draws 24 Bids and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate headlines, a residential site in Kwun Tong that could be worth up to HK$3.4 billion brought in two dozen bids from a roster of heavyweights including CK Asset, Sun Hung Kai Properties and Henderson… Read More>>
Retail Rents Rise on Shopping Rebound and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, prime retail rents have ticked up for the first time in a year as local shoppers return to the malls. Also in the headlines, a top executive at Wheelock Properties reveals plans for… Read More>>
Kowloon East Housing Site Draws 10 Bids and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong news roundup, a coveted residential plot in Kowloon Tong has drawn ten bids, and is expected to sell for anywhere from HK$10 billion ($1.28 billion) to HK$16.6 billion ($2.12 billion) — making it the most expensive… Read More>>
Local Developers Place 9 of 10 Bids for $1.3B South Hong Kong Island Site
Hong Kong developers dominated the bidding for a residential site in the city’s Wong Chuk Hang area that is expected to sell for up to HK$10 billion (US$1.28 billion).
The tender for the 600-home site adjacent to the Wong Chuk… Read More>>
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