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Hong Kong New Home Sales Hit 11-Year High After Property Curbs Removed

Hong Kong New Home Sales Hit 11-Year High After Property Curbs Removed
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Hong-kong , Hong-kong-island , Hong-kong-general- , Bloomberg-hong-kong , Wheelock-properties-ltd , Midland-realty , Ck-asset-holdings-ltd , Henderson-land-development-co , Hong-kong-economic , Wheelock-properties , Seasons-place , Henderson-land-development

MACAU DAILY TIMES 澳門每日時報Hong Kong property tycoons are selling super call options

MACAU DAILY TIMES 澳門每日時報Hong Kong property tycoons are selling super call options
macaudailytimes.com.mo - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macaudailytimes.com.mo Daily Mail and Mail on Sunday newspapers.

Hong-kong , Shuli-ren , Bloomberg , Wong-sun-hing-ltd , World-development-co , Morgan-stanley , Henderson-land-development-co , Wheelock-properties-ltd , Uptown-east , Kowloon-bay , Wong-sun-hing , New-world-development

Hong Kong Homebuyers: Tax Removal Leads to More Interest in New Properties

Hong Kong Homebuyers: Tax Removal Leads to More Interest in New Properties
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

Hong-kong , Wheelock-properties-ltd , Wheelock-properties ,

Hong Kong Homebuyers Flock to New Projects, Shunning Used Flats

Hong Kong Homebuyers Flock to New Projects, Shunning Used Flats
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Hong-kong , China , Martin-wong , Jones-lang-lasalle , Knight-frank , Bloomberg-hong-kong , Roen-yeung , Wheelock-properties-ltd , Centaline-property-agency-ltd , Wheelock-properties , Centaline-property-agency , Greater-china

Hong Kong's Big Estates Post 32% Slump in Weekend Transactions

Hong Kong's Big Estates Post 32% Slump in Weekend Transactions
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Hong-kong , Bloomberg-hong-kong , Charlotte-yang , Alfred-liu , Colliers-international-group-inc , Wheelock-properties-ltd , Centaline-property-agency , Seasons-place , International-group ,

Wheelock Fetches HK$2.4 Billion Selling Seasons Place New Homes

Wheelock Fetches HK$2.4 Billion Selling Seasons Place New Homes
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Hong-kong , Ricky-wong , Wheelock-properties-ltd , Wheelock-properties , Seasons-place , Executive-director-ricky-wong , Lohas-park ,

Hong Kong bankers' uneasy dance with property tycoons

Next year, close to $25.6 billion of bank loans taken out by Hong Kong’s property developers will be due, and only 15% of them have been — or are close to being — refinanced. Whether banks will continue lending to the business elites has become a hot issue, as commercial real estate woes plague the world’s biggest cities

Hong-kong , Italy , Causeway-bay , Hong-kong-general- , China , Italian , Holdings-plc , Lai-sun-development-co , World-development-co , Hysan-development-co , Hang-seng-bank-ltd

Hong Kong Sells Causeway Bay Site For $2.5B

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Hong Kong sells Causeway Bay site for $2.5B
Sale of 159,330 sf property seen as sign of confidence for market
New York Weekend Edition /
TRD Staff
The parcel of land in Causeway Bay (Google Maps)
The Hong Kong government auctioned a parcel of land in Causeway Bay this week for the first time since 1997, and it sold for much more than expected.
Hysan Development Co. and Chinachem Group paid the equivalent of $2.5 billion for the 159,330-square-foot property, according to Bloomberg. Midland IC&I most recently valued the property on Caroline Hill Road at around $1.9 billion.

Hong-kong , Causeway-bay , Hong-kong-general , Dennis-lynch , Bloomberg , Hysan-development-co , Chinachem-group , Ck-asset-holdings , Sun-hung-kai-properties-ltd , Wheelock-properties-ltd , Google-maps , Caroline-hill-road

Hong Kong makes rare sale of commercial site for US$2.5b

(May 12): Hong Kong sold a rare land parcel in the Causeway Bay area for a higher-than-expected price, a sign of recovery for the city’s commercial real estate market.
The government sold the site to Hysan Development Co and Chinachem Group for HK$19.8 billion (US$2.5 billion) in a public tender, according to a statement. That exceeds a previous valuation of about HK$15 billion by Midland IC&I Ltd, reflecting optimism from developers that Hong Kong’s office and retail markets will rebound.
The 14,802-square-meter (159,330 square-foot) land plot provides a rare opportunity to build new commercial property in a prime shopping district. It can yield a maximum of 100,000 square meters of floor area. However, the premium site comes with demanding clauses, including retaining a portion for community facilities and 125 public car parking spaces.

Hong-kong , Causeway-bay , Hong-kong-general , Colliers-international , Ck-asset-holdings-ltd , Midland-ici-ltd , Hysan-development-co , Sun-hung-kai-properties-ltd , Chinachem-group , Group-holdings-ltd , Wheelock-properties-ltd