Hong Kong Property

1/4 News Roundup: Grand Yoho Prices at Yuen Long’s Record High, One Kai Tak (II) To Launch Price List Tomorrow

Grand Yoho Prices at Yuen Long’s Record High Sun Hung Kai Properties unveiled the price list of the first batch of 166 units at Grand Yoho phase two development, due to be completed as early as next month, at an average of HK$17,998 per square foot yesterday afternoon. After factoring in rebates of as much as 19.5 per cent, SHKP said …

Tracy Lam - January 4, 2017

1/3 News Roundup: More One Kai Tak Flats Ready for Sale, Tseung Kwan O Home Prices Set Record

More One Kai Tak Flats Ready for Sale China Overseas uploaded the sales brochure of the second phase of its One Kai Tak project on its website yesterday, indicating that it will soon launch the sale of flats in that segment. The second phase will provide 624 flats from 375 saleable square feet to 2,414 ssf. Construction of the project …

Tracy Lam - January 3, 2017

12/30 News Roundup: K Wah Won Kai Tak Plot for HK$5.8b, Hong Kong Set to Exceed Housing Supply Target

K Wah Won Kai Tak Plot for HK$5.8b K Wah International Holdings Ltd. has won Kai Tak Area 1K Site 2 for HK$5.868 billion, which lines at the upper limit of market expectation. The site has a total gross floor area of 574,270 square feet, putting it at about HK$10,200 per square foot – over 20% cheaper than the cost …

Tracy Lam - December 30, 2016

12/29 News Roundup: East Kowloon HOS Flats Set Record Prices, Taikoo Shing & Kingswood Home Deals Rebound

East Kowloon HOS Flats Set Record Prices The high price sale of Kai Tak residential sites is resulting in pricing up of the district’s second hand homes. Two HOS (House Ownership Scheme) flats in East Kowloon set record prices after the recent Kai Tak land sale. A three-room unit of Tin Wang Court in Wong Tai Sin was sold for …

Tracy Lam - December 29, 2016

12/28 News Roundup: Almost 100 Units Sold During Christmas, Long Beach Prices Up for New Year’s Eve

Almost 100 Units Sold During Christmas The home market did well on the long Christmas weekend. At least 90 deals were recorded in the primary market, two times more than last Christmas’s 30 deals. Hang Lung’s Long Beach sold all 48 units on Christmas Eve, while transactions were also recorded in other new projects such as Ho Man Tin’s Mantin …

Tracy Lam - December 28, 2016

12/23 News Roundup: Goldin Won MTR Ho Man Tin Residential Project, Hang Lung Received 1,489 Subscriptions for The Long Beach

Goldin Won MTR Ho Man Tin Residential Project MTR Corporation said on Thursday that Gold Brilliant Investment, a consortium led by Goldin Financial Holdings, had won the tender to develop the Ho Man Tin Station phase one property development. Goldin won the first plot at Sheung Shing Street in Ho Man Tin for HK$6.38 billion in March through government tender. …

Tracy Lam - December 23, 2016

12/22 News Roundup: Ho Man Tin Station Site Draws 6 Bids, K. Wah: Pricing Won’t Refer to Land Sale

Ho Man Tin Station Site Draws 6 Bids MTR Corporation said it has received six bids, fewer than market expectations, for the residential site on top of Ho Man Tin station yesterday. The bidders included Sun Hung Kai Properties, Cheung Kong Property, Wheelock, New World Development and Goldin Financial. Meanwhile, Sino Land joined hands with K.Wah, Shimao Property, Logan Property …

Tracy Lam - December 22, 2016