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Developers’ enthusiasm for land tenders has shown no signs of easing – a residential site in Hong Kong’s Kwun Tong has attracted stronger than expected interest. But valuers said infrastructure in the region might not be able to support the extra population.
Buying on the Hong Kong stock exchange fell for the first time in four weeks while selling among directors declined for the second straight week, based on filings from November 27 to December 1.
After forming a partnership with Spanish football club Real Madrid Club de Futol to expand its Novotown cultural and entertainment project in Zhuhai’s Hengqin, Lai Fung Holdings chairman Chew Fook Aun is in talks with a well known international school.
Cheung Kong Property, whose Hutchison House is across the Lambeth Walk from Murray Road, could see its net asset value per share boosted by HK$5, according to JPMorgan.
The proposed redevelopment of the 50-year old Mariners’ Club in Tsim Sha Tsui has generated enthusiastic initial response from developers ahead of the official tender, the club’s operator said.
Two property projects launched over the weekend reported worse-than-expected sales results, as their increased prices found few takers
His Empire Group has invested some HK$7bn into the city’s real estate sector since its creation in 2010
Prospective buyers jostled for a batch of tiny Hong Kong flats put up for sale on Tuesday, ahead of a two day meeting by the US Federal Reserve to discuss a possible interest rate increase, but fewer than expected people turned out.
Midland Realty predicts overall property deals will surpass 8,000 this month, the highest monthly figure since February, 2015