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HKR International, the developer of Discovery Bay on Lantau Island, will focus on the Yangtze River Delta as it marches deeper into the mainland’s residential and commercial property markets.
HKR International has offered the largest space as part of Hong Kong government’s scheme to encourage young entrepreneurs
Construction on La Cresta, Le Cap, La Vetta and St Moritz transforming quiet road that leads up to hilltop
Swire Properties, one of Hong Kong’s oldest and largest builders of luxury homes and grade A offices, said it would continue to focus on first-tier cities in mainland China as it moves closer to sealing a deal for a new commercial project in Shanghai.
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K Wah International has launched the second residential development to go on sale at Kai Tak, the site of Hong Kong’s former airport, with units priced 24 per cent higher than the debut project six months ago.
Hysan Development, one of the largest landlords in the shopping district of Causeway Bay in Hong Kong, will continue looking for opportunities to raise its stake in the residential market, the company’s management said on Friday.
A distressed unit at Hong Kong’s 39 Conduit Road luxury development on the Mid-Levels will be offered for auction at HK$30 million, or 22.22 per cent, less than the price it was sold for in 2014.
Savills credits China’s financial reform as data shows number of newly registered foreign-invested enterprises in the pilot FTZ rose by 52.6 per cent year-on-year
Property developers are ramping up marketing efforts for high-end properties ahead of a big batch of new releases in coming weeks and on the heel of a government land tender in Stanley on Tuesday that came in well below expectations.