The Pavilia Bay Received 250 Subscriptions The joint venture of New World Development and Vanke in Tsuen Wan West, The Pavilia Bay continues to receive strong buyer response for the second batch of 105 units. The developers have reportedly received over 250 subscriptions and most of them are from unsuccessful applicants of the previous rounds of sale. Reports said the […]

URA received 9 tenders for Peel Street commercial site The Urban Renewal Authority (URA) received 9 tenders for a 29,000-square-foot commercial development site on Peel Street and Graham Street in Central. The project to be built on the site will provide a gross floor area of not more than 434,000 sq ft for office, hotel and retail purposes, as well […]

Wheelock Spent HK$6.388b For Kwun Tong Site Wheelock Properties has won the first residential site in Kwun Tong offered for sale by the government since the introduction of a new stamp duty, paying a higher-than-expected HK$6.388 billion. The site is close to large housing estates such as Laguna City and Sceneway Garden. The cost per square foot is HK$7,729, over 40% […]