Why a Developer Would Abandon a Compulsory Auction
After repeated failures to sell land last year, even the compulsory auction of old buildings – a strategy long pursued by developers – has recently resulted in an auction with no bids (“no-sale”). With the scarce supply of new land in the core business districts of Hong Kong ...
28Hse Editor   #Wed Property Focus  9 hours ago posted     610     6  
Henderson Land (0012) is set to receive HK$3.9 billion from the government as compensation for a site in Hung Shui Kiu, indicating the developer's pot...
28Hse Editor   #New Properties  2024-06-03     114  
Link Real Estate Investment Trust (0823) announced a 6.4 percent increase in its total distributable amount to HK$6.7 billion for the fiscal year endi...
28Hse Editor   #Transaction  2024-05-31     95  
Recently, a unit at Malibu Lohas Park was rented out on Airbnb without a license, leading to legal issues for the owner. The owner faced charges under the Hotel and Guesthouse Accommodation Ordinance for operating an unlicensed establishment.This incident has prompted the Home Affairs Departm...
28Hse Editor   #Wed Property Focus  2024-05-28     5.2K     61  
MTR Corporation (0066) is gearing up to open all five floors of its new shopping center, The Southside, located above the Wong Chuk Hang MTR station, ...
28Hse Editor   #New Properties  2024-05-27     201     6  
In April, Hong Kong experienced a more moderate increase in consumer prices, rising at a rate of 1.1 percent compared to the same month last year. Thi...
28Hse Editor   #Transaction  2024-05-24     206     4  
CK Infrastructure Holdings Ltd (1038), a prominent global infrastructure company, remains committed to investing in lucrative projects in Hong Kong an...
28Hse Editor   #Transaction  2024-05-23     204     6  
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