Commercial Property
Lands Department issues 4 property consents
Lands Department issues 4 property consents
The consents were for 2 residential and 2 commercial developments to be sold in Q3.
Lands Department issues 4 property consents
18 applications for pre-sale consent for uncompleted residential units and 3 for uncompleted commercial developments were issued at the end of...
Grade A office supply to reach 5.25m sq ft in 2014: study
That’s roughly an annual increase of 1.3m sq ft from 2011.
Asian property investors are the most conservative globally—survey
Economic uncertainties and tightened credit line tame appetite for risk.
Minmetals Land’s 9 months contracted sales up 117% to CNY3bn
The Company has locked in 74% of its CNY4.05bn full year contracted sales target.
Why not make that runway our office lobby?
The idle Kai Tak Airport, being tapped for housing, could be redeveloped to add as much as 40 million square feet of prime offices by 2021.
Lands Department to sell 3 lots via public tender
Sale of Sha Tin lot and two others in Cheung Sha will start on October 28 and close November 25.
Hong Kong real estate market set for ‘soft landing’: Financial Secretary Tsang
“Transactions have fallen and prices are starting to trend down slowly,” Hong Kong Financial Secretary John Tsang said in an interview.
Property shocker: Tightening liquidity may push mortgage rates up
This may worsen the already weak real estate sentiment further, according to a Reuters report.
New Heritage issues HK$75mn convertible notes
The notes, with 6% per annum interest, further enhances the developer’s financial Position and flexibility for future business development.
CapitaLand (HK) Investment Limited is dissolved
CapitaLand's Hong Kong subsidiary was dormant and placed under members’ voluntary liquidation prior to dissolution.
Seven sites to be sold by tender in October-December
Five are residential sites with 1,770 units, and the two are business and hotel sites.
3 Hong Kong government sites raise $3.6bn
The government sold lots at Tseung Kwan O, Pak Shek Wo, Tan Kwai Tsuen Road.
Minmetals Land’s eight month contracted sales up 120% to CNY2.45bn
The company currently has locked in 60% of the full year contracted sales target of CNY4.05bn.
Swire Properties and Tsinghua University join forces
Partners establish joint research centre for building energy efficiency and sustainability.
Three lots sold for $3,602.5 million
Three government lots were sold for a total of $3,602.5 million during the Lands Department's fifth land auction of the 2011-12 financial year.
Development Bureau junks mall proposal
The Bureau said the proposed granting of consent to the developer of The Pulse to lease out shops was not worthy of consideration.
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