Leading today’s Hong Kong real estate news, the city’s metro operator plans to offer a land site above Wong Chuk Hang station for residential development this year. Also in the headlines, 20 percent of Hong Kong buyers say they will… 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>>
Wong Chuk Hang Site Said Sold to Rykadan Capital for HK$1.48B
Once known for its decaying workshops, the Wong Chuk Hang area in southern Hong Kong is gaining popularity as a commercial hub with developers rushing to turn its one-time factory space into hotels, offices and retail space.
The opening of… Read More>>
Ping An JV Grabs Prized Site on Hong Kong’s South Island Line in Latest Mainland Win
Deep-pocketed giants from mainland China showed off their growing dominance of Hong Kong’s property sector again on Tuesday when a joint venture between Ping An Real Estate Capital and Hong Kong’s Road King Infrastructure bested 13 other bidders to win… Read More>>
GLP Shortlists Bidders for $9.5 bil Warehouse Empire and More Asia Real Estate Headlines
Asia’s biggest fleet of warehouses is on the block and GLP has narrowed bidders down to a lucky few – but they’re not saying who just yet. Also in the news today, ale-addled Brits who lose their passports in Bangkok… Read More>>
Vanke Sues to Kick Out Baoneng and More Asia Real Estate Headlines
China Vanke may be putting the finishing touches on a Shenzhen upstarts attempt to take over one of China’s leading developers, and Goldman Sachs sees 2017 as a good time to pick up mainland developer shares on the cheap. Also… Read More>>
Wanda Adds to Global Cinema Empire with $929M Nordic Deal and More Asia Real Estate Headlines
Wang Jianlin once again leads today’s headlines as China’s richest man indulges his theatre lust with a $929 million deal to buy 68 theatres in the frozen north. And for China’s real estate elite who choose not to buy Scandinavian… Read More>>