Commercial Property
Sunac China expects loss of up to $27.9b
Sunac China expects loss of up to $27.9b
The company said it is mainly due to the significant reduction in recognised revenue.
Swire Properties posts $766m loss in 2024
This was mainly due to a larger fair value loss on investment properties
Wan Chai commercial site on the market for $115m
The site has a total gross floor area of 14,787 square feet.
Tsim Sha Tsui commercial site up for sale for $88m
The property is a corner site, spanning 1,410 square feet.
Wharf REIC’s net profit drops 81% to $891m in 2024
Basic earnings per share fell to $0.29.
Hongkong Land widens loss by 138% in FY2024
It was due to non-cash provisions from the Chinese mainland build-to-sell business.
Far East Consortium sells UK hotel property for $221.576m
The property was sold to AMTD IDEA Group.
Property sales dropped 12.8% MoM in February
Experts say sales volume will likely rebound in the coming months.
Hong Kong unveils 2025-26 land sale plan
This includes eight residential sites.
Govt adjusts stamp duty rates on property transactions
For properties valued up to $4m, buyers will pay a nominal duty of $100.
Hong Kong halts sales of commercial sites
But this move “will be effective for the next five years only," a property analyst said.
Mapletree Investments unit wins tender for Tsing Yi logistics site
The site was acquired for $3.68b.
Gov’t approves 14 building plans in December
The approved plans are for residential, industrial, commercial, and community service developments.
Hong Kong universities drive market shift: strategic acquisitions for student housing
Current market dynamics reveal a shift towards end-users; investors increasingly focus on acquiring real estate that meets their operational...
9-storey commercial building at No. 30 Kwai Wing Road for sale
The property is up for sale via private offer.
Land exchange applications open for Yuen Long South NDA
Deadline for submissions is 19 May 2025.
Swire Properties expects $800m loss for 2024
This is driven by larger fair value loss on investment properties and lower one-off gains.
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