Leading today’s Hong Kong real estate news, a floor leased to a restaurant in Tsim Sha Tsui’s Kowloon Centre was sold for HK$220 million ($28 million). Also in the headlines, a shop in Mong Kok saw a 64-fold price increase… Read More>>
Wing Tai Sells Wan Chai Commercial Building to Winland for HK$2.85B
Hong Kong-based Wing Tai Properties has sold off a commercial building in the city’s Wan Chai area for HK$2.85 billion ($364 million) to local property investment firm Winland Group, according to an announcement by Wing Tai today to the Hong… Read More>>
CSI, Wing Tai Plan HK$15B Office-Retail-Hotel Project in Central and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong news roundup, a pair of property firms that won a redevelopment site next to SoHo back in October have just announced plans to turn the prime piece of Central into a mixed-use commercial hub. Also in… Read More>>
Kerry and Sino Land Win Wong Chuk Hang MTR Site and More Hong Kong Real Estate Headlines
Continuing Mingtiand’s new roundup of Hong Kong real estate headlines, in today’s SAR news, a pair of local developers team up to win the MTR auction of a site in soon-to-be posh Wong Chuk Hang, while Wing Tai scores an… Read More>>
Wing Tai, CSI Team Up to Buy Site in Hong Kong’s Central for $1.5B
A pair of Hong Kong-listed developers, Wing Tai Properties and CSI Properties, has triumphed over eight other bidders to win the rights to redevelop a site in the city’s Central district, agreeing to pay a reported HK$11.6 billion ($1.49 billion)… Read More>>
Asia Real Estate People in the News 2017-09-11
This week in Asia’s latest round of real estate industry professionals finding new roles, there’s a surge of hiring by flexible office providers with half of our subjects landing their latest job with a co-working or serviced office operator. Also… Read More>>
Keppel, Wing Tai $327M JV Offer Tops 15 Other Bids for SG Condo Site
Keppel Land and Wing Tai Land have teamed up to place the top bid of S$446.3 million ($327 million) on a prime residential site in the Serangoon Garden neighbourhood of Singapore, where the developers intend to build over 600 homes.
Wing Tai Bids $68M to Privatise Malaysian Unit and More Asia Real Estate Headlines
Kicking off today’s headlines, a Singaporean real estate investor finds the action a bit slow on Malaysia’s stock exchange, while Hong Kong’s housing market is so tough that agents have resorted to beating up uncooperative clients. Also in the news,… Read More>>
Developer Greenland Group Pays Nearly $1 Billion for Shanghai Site
Greenland Group, which through its domestic and international acquisitions is rapidly establishing itself as one of China’s most aggressive real estate firms, this week announced that it was acquiring a residential site in downtown Shanghai for RMB 5.95 billion (US$979… Read More>>
Singapore Developer Sets Shanghai Land Price Record with Huangpu Buy
China’s rebounding real estate market continues to drive up land prices, as a subsidiary of Singapore’s Wing Tai group recently set a new record by paying RMB 42,821 (US$7,028) per square metre of planned space for a plot near Xintiandi.
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