Company Overview and News

 
Hong Kong developers raise prices of flats by up to 70 per cent as record Kai Tak land sale boosts confidence

2018-05-22 scmp
Analysts say the surge has been fuelled by a land auction at the site of the city’s former airport which fetched HK$25.16 billion, a record price for a residential plot

 
Sun Hung Kai pays HK$25.1 billion for Hong Kong’s costliest residential land at Kai Tak

2018-05-15 scmp
One of the city’s largest land owners won the 14th government tender by paying a record HK$25.1 billion for a plot with gross floor area of 1.42 million sq ft

 
Kai Tak plot could fetch US$3.25 billion, smashing records for Hong Kong land sales

2018-05-11 scmp
Developers are forming consortiums to spread the financial risk of bidding for a residential site that could fetch an estimated US$3.25 billion

 
Developers’ hoard of empty flats aggravates Hong Kong’s housing crisis. Will a tax fix it?

2018-04-15 scmp
Close to 300 flats lie disturbingly vacant in a completed new residential development in Ho Man Tin even as the Hong Kong government struggles to resolve the perennial short supply of housing in the world’s most expensive property market.

 
Robert Kuok in political spotlight after Malaysian politicians criticise 'sugar king' - Channel NewsAsia

2018-02-28 channelnewsasia
KUALA LUMPUR: Malaysian tycoon Robert Kuok has been thrust into the political spotlight after he was accused of funding the opposition in Malaysia in a bid to set up a Chinese-based government.

 
Hong Kong developers expected to report upbeat half-year results, lifted by project releases, soaring home prices

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Hong Kong homebuilders are expected to report strong half-year and full-year earnings during the coming weeks as home prices continued to soar and sales of new flats climbed to a decade high.

1
Malaysia’s top 40 richest people

2018-02-03 thestar.com.my
LAST year was dotted by the return of higher commodity prices and better economic growth. The world’s economies on average are back in business as growth rates and trade have started to improve once again after some period of uncertainty caused by a cooling China economy and also the slump in global crude oil prices.

 
Kwun Tong residential site attracts 25 bids despite concerns over infrastructure capacity

2018-01-19 scmp
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.

 
Wharf wins luxury residential site in Kowloon Tong for record price

2018-01-16 scmp
Wharf pays HK$12.45 billion, or HK$28,530 per sq ft for the plot, smashing the previous record of HK$21,016 per sq ft for Kowloon

 
Kerry Properties’ executive directors sell down shareholdings

2018-01-14 scmp
The buying fell for the first time in the past five weeks while the selling among directors surged for the second straight week based on filings on the Hong Kong stock exchange from January 8 to 12. A total of 47 companies recorded 200 purchases worth HK$129 million (US$16.5 million) versus 28 firms with 117 disposals worth HK$328 million. The buy figures were down from the previous week’s four-day total of 48 companies, 207 purchases and HK$173 million.

 
Builders seek premium for new launches as they cash in on record property prices in Hong Kong

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Sun Hung Kai Properties and Kerry Properties launch first projects of the year in Ma On Shan and Ho Man Tin

 
Sino Land’s US$3 billion spending spree makes it Hong Kong’s most active buyer of land this year

2017-12-17 scmp
Company snaps up a seventh site this year, to be redeveloped into a residential complex in partnership with electric utility CLP

 
Luxury set to come to Hong Kong Island’s old industrial south side as developers pay big for land

2017-12-05 scmp
Flats to be built on land at Wong Chuk Hang are likely to fetch prices similar to those in the city’s more traditional upmarket areas, analysts forecast

 
Price of waterfront land in Hong Kong’s Cheung Sha Wan could reach record as 11 firms bid

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After the price of an adjacent plot beats expectations, some analysts see the possibility of a fresh high in a city already among the world’s costliest to buy a home

 
Rents go up in APM mall amid expectations of strong Christmas sales

2017-11-06 scmp
Rents at APM, Sun Hung Kai Properties’s flagship mall in Kowloon East, have gone up by as much as 15 per cent as leases have come up for renewal this year.

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