Insights
Tag: hong kong sale
Sino Land has no hesitations on investing in Hong Kong
23 October 2014 - Occupy Central has now run into its fourth week yet Sino Land (0083) Chairman Robert Ng Chee Siong is not worried that the pro-democracy protests will destroy the rule of law in Hong Kong as he thinks the protests will not last forever. He therefore has "no hesitations" continuing to invest in Hong Kong. Sino Land won the bid
Low density Tai Wai plot to be tendered in November
21 October 2014 - The government is putting more land on the market. The Lands Department yesterday announced that a low-density residential site on Tai Po Road in Tai Wai spanning 70,504 square feet, with a gross floor area of 88,835 to 148,058 sq. ft., will be made available for tender in November. Tenders can be submitted from 14 November 2014
Penthouse at "The Arch" takes over title as Asia's most expensive luxury apartment
20 October 2014 - A penthouse unit at The Arch in Kowloon Station was recently transacted for HKD528.8 million (86,348 per sq. ft.), making it the most expensive luxury apartment in Asia. It beats the record set by “Opus Hong Kong” in Mid-Levels East earlier this year. The transacted duplex at the top of Sky Tower, features a private rooftop with
Sai Kung village house sells for record HKD130M
17 October 2014 - A single number village house on the waterfront of Sheung Sze Wan in Sai Kung was recently sold for HKD130 million. The transaction price per square foot amounted to HK$61,905, breaking the record for both transaction price and price per square foot in Hong Kong’s village house market. The nicely renovated house is sized at 2,100
New World Development wins Tai Wai Station project
14 October 2014 - New World Development (0017) has won the development rights of the keenly-followed residential project atop Tai Wai MTR station, outbidding eight rivals including Cheung Kong Holdings (0001), Henderson Land (0012) and Wheelock Properties (0020). Henry Cheng Kar Shun, Chairman of New World Development (0017) said that the project'
Lantau Island residential site to launch by public tender next month
14 October 2014 - The Lands Department announced that a residential site in the 2014-15 Land Sale Programme will be put on the market for sale by public tender next month. The particular site is Lot No. 758 in Demarcation District No. 332 at Cheung Sha, Lantau Island. The tender invitation for the site will run from 7 November to 19 December. The
“8 LaSalle” units asking for HKD23,196 per sq. ft., well above secondary market
7 October 2014 - Kerry Properties (0683) yesterday announced the price list of its luxury residential project “8 LaSalle” in Ho Man Tin. The first batch of 30 units, located between the second and fifteenth floors of the property, include 3 special units with flat roofs. The developer also announced the sale arrangements for the property last nigh
Turtle Cove house for sale by tender
6 October 2014 - House 1 at Turtle Cove, situated along Tai Tam Road on Hong Kong Island's Southside, was recently put on the market for sale by tender. The 3-storey house sized at 4,002 sq. ft. (saleable) boasts a 5 bedroom layout and is located at the waterfront with private road access to the nearby beach. The tender closing date is set a 31 Oc
Singer Andy Hui buys unit at Ridge Court, Repulse Bay
4 October 2014 - Famous Hong Kong Singer Andy Hui is reported to have bought a low floor flat B unit (1,780 sq. ft. saleable) at “Ridge Court” for HKD44.6 million two weeks before Occupy Central commenced. The transacted price per sq. ft. of HKD25,056 set a record high for this 50 year old luxury development. Land Registry records show that the fo
Sino wins Fanling site for HKD730 million
30 September 2014 - Sino Land (0083) has won the residential site at Luen Wo Hui, Fanling for HKD730 million. The plot has a total area of 2,828 square meters and the gross floor area stands between 11,701 square meters and 19,501 square meters. At least 250 residential flats must be built on the plot. Sino Land beat 22 bidders which included the
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