MTR accepts $10.5 bln land premium for Tuen Mun A16 Station Package Two project
MTR Corporation (0066) said it has accepted the HK$10.5 billion land premium the government set for the Tuen Mun A16 Station Package Two Property Development. The offer was made by…
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The Aperture to release 11 units this weekend
Hang Lung Properties’ (0101) The Aperture in Kowloon Bay announced that it will release 11 units of the third price list this Saturday. The 11 units encompass one-to-two-bedroom units, spanning 302…
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Four houses remain available at Whitesand Cove with new batch to be launched within this week
Chinachem’s luxury project Whitesand Cove in Sai Kung will release new fully furnished houses this week, with prices per square feet potentially reaching a new high for the area. The project opened…
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State Residence in North Point offers five more units for tender on Saturday
Sky Ace Enterprises’ State Residence in North Point announced new sales arrangement on Tuesday, offering five additional units on top of the 15 units released on Monday, bringing the total…
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Pavilia Rosa sells 67 units to date for over $2.8 billion
New World Development’s (0017) Pavilia Rosa in Kowloon Tong has sold 67 units to date, generating over HK$2.8 billion in revenue, according to Cannas Ho Ka-yan, director of sales and marketing…
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The Sterling II releases first price list of 85 units
China Resources Land (1109) announced the first price list for its Southwest Kowloon project The Sterling II on Tuesday, offering 85 units spanning 307 to 730 square feet. With discounts…
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Chester II in Hung Hom launches 48 units for second round of sales on Wednesday
Henderson Land Development’s (0012) Chester II in Hung Hom will launch the second round of sales for 48 units on Wednesday, including the only unit in the project with a terrace and…
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China home prices stay weak, keeping pressure on economy
China’s new home prices extended declines in August, official data showed on Tuesday, underscoring the persistent drag from the country’s prolonged property downturn. New home prices fell 0.1 percent in…
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21 Borrett Road phase 2 sells two units for over $276 mn
CK Asset’s (1113) luxury residential project 21 Borrett Road phase 2 in Mid-Levels sold two luxury homes on Monday via tender, generating over HK$276 million in sales. The unit on the ninth…
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Sky Ace Enterprises’ State Residence offers 15 units via tender this weekend
Sky Ace Enterprises’ State Residence in North Point has announced its first sales arrangement Monday, with 15 units in the Victoria Zone to be offered for tender on Saturday. The tender…
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The Sterling II offers 407 units with price list out on Tuesday
China Resources Land (1109) has uploaded the sales brochure for Phase Two of its Southwest Kowloon project, The Sterling on Monday, offering 407 one-to-three bedroom units from Tower 5A to…
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Victoria Coast sets new high with HK$36m three-bedroom sale
Victoria Coast in Victoria Road, developed by Chinachem, sold a three-bedroom flat with a parking space via tender for HK$36 million on Saturday, setting new records for both the project’s…
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Pavilia Rosa three-bedroom unit fetches HK$34.72m
New World Development (0017) sold two units at Pavilia Rosa in Kowloon Tong within three days, including a three-bedroom apartment for HK$34.72 million on Saturday. This sold unit ranges 868…
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Henderson Land launches price list for 45 units at Chester II, starting from HK$5.79m after discounts
Henderson Land Development (0012) has released a new price list for Chester II in Hung Hom on Saturday, offering 45 units with discounted prices starting at HK$5.79 million. This latest…
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Sky Ace Enterprises’ State Residence unveils 194 new homes on Friday
Sky Ace Enterprises’ State Residence in North Point, whose major shareholders are members of Chow Tai Fook (1929), uploaded a sales brochure for 194 units on Friday. The units comprise…
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Wheelock Properties’ Double Coast III sells 60 units next Wednesday
Wheelock Properties’ Double Coast III uploaded a sales brochure for 60 units to be sold next Wednesday. The units comprise six studios, 24 one-bedroom units, and 30 two-bedroom units, ranging…
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K&K Property’s One Stanley House 29 sells for $147 million by tender
K&K Property’s One Stanley sold House 29 via tender for HK$147 million on Friday. House 29 spans 3,382 square feet and has a four-bedroom layout. Tony Cheng, K&K Property’s investment…
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Chester II expects 4,000 checks by Friday
Henderson Land Development’s (0012) Chester II in Hung Hom has received 3,600 checks as of Thursday night for its first round of sales of 138 units this weekend. The developer…
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State Residence in North Point to upload sales brochure as early as Friday
The Sky Ace Enterprises launched the State Residence website on Thursday, with the sales brochure to be uploaded as early as Friday, the developer announced. Show flats are in the final…
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Wharf REIC sells Scotts Square for S$310mln, exits Singapore market, Bloomberg reports
Wharf Real Estate Investment Company (1997) sold its last Singapore property, Scotts Square, in the premier Orchard Road shopping district for S$310 million (HK$1.92 billion) to Singapore’s leading landlord, Bloomberg…
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ZA Bank to rent four floors of Lee Garden Eight’s office space
Hysan Development’s (0014) Lee Garden Eight has secured a lease for four floors of office space in three high-rise towers from ZA Bank, one of the biggest virtual banks in the…
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Former HKEX chairman’s family sells Botanic Terrace unit for profit of $15.72 mn
It was reported that the family of Ronald Joseph Arculli, former Hong Kong Exchanges and Clearing (0388) chairman, sold a low-floor unit in Block A of the Botanic Terrace in the Mid-Levels,…
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UNI Residence in Sha Tin sold a total 187 units for over $1 bn
UNI Residence in Sha Tin, jointly developed by Vanke Hong Kong and Wing Tai Properties (0369), has sold 187 units to date, nearly 80 percent of the total 240 units, generating…
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Chester II oversubscribed by 21.5 times by Wednesday
Henderson Land Development’s (0012) Chester II in Hung Hom has received 3,100 checks as of Wednesday 8pm for its first round of sales of 138 units this weekend, an oversubscription…
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Dennis Sun Tai-lun earns $21 mln from Discovery Bay home sale
Dennis Sun Tai-lun, chairman of China-Hong Kong Photo Products (1123), which owns the retail chain Fotomax, sold a house in Discovery Bay for HK$38.3 million, delivering a paper gain of…
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Chester II plans to commence sales on Saturday
Henderson Land Development’s (0012) Chester II in Hung Hom plans to commence the first round of sales on Saturday, involving about 130 to 140 units on the price lists. Thomas…
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Citic Pacific’s Jardini sells 645-sq-ft unit for $28 mn
Citic Pacific’s luxury residential project, Jardini on Tai Hang Road, sold a mid-floor two-bedroom standard unit on Monday, for HK$28 million, or HK$43,411 per square foot. The sold unit on the 11th…
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REDA makes urban renewal proposals ahead of PA and Five Year Plan
The Real Estate Developers Association (REDA) suggested proposals for urban renewal with new strategy, developing high quality Northern Metropolis, and promoting development through multiple innovative implementation tools; in an engagement session…
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Double Coast III releases 94 units in third price list
Wheelock Properties’s Double Coast III in Kai Tak has released 94 additional units in its third price list, with an average discounted price of HK$20,268 per square foot and sales arrangements to…
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KT Marina II rolls out 118 units with discounted price from HK$5.6m
KT Marina II in Kai Tak launched a new price list for 118 units on Sunday, with discounted prices starting at HK$5.6 million. The new batch includes 77 one-bedroom and…
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