Insights
Tag: Sun Hung Kai
House at “Shouson Peak” sells for HK$73,536 per sq. ft.
27 October 2014 - Sun Hung Kai Properties (0016) launched two houses in its new luxury residential development “Shouson Peak” in Shouson Hill over the weekend. One unit was sold as soon as it was put up for sale. The transacted unit is house 19C with a saleable area of 3,238 sq. ft.. The buyer paid HK$2.38 billion (HK$73,536 /sq. ft.) after discou
Developers: "Occupy Central does not affect property launch"
29 September 2014 - The Occupy Central movement officially commenced over the weekend. Nevertheless, many brand new residential projects with show flats and sale offices located on Hong Kong Island continued to operate on Sunday. A Swire spokesperson told the media that the developer will stick to its plan of launching the second batch of units at
Tai Wai Station Project receives record bids for MTR Corp
16 September 2014 - After a failed tender two years ago, MTR Corporation (0066) re-launched its mega project atop Tai Wai station for tender again this month and received 23 bidding documents from developers prior to yesterday's closing. This marks the highest number of bids ever recorded for an MTR Corporation tender project. The 23 developers wh
Tai Wai Station Project set to be retendered
11 September 2014 - The MTR Corporation (0066) yesterday announced its intention to retender the mega Tai Wai Station Project. Market expectations forecast that the land premium will be slashed by 30% to around HKD8.11 billion (below HKD3,000 /sq.ft (gross floor area)). Many developers including Cheung Kong Holdings (0001) and Sun Hung Kai Propert
Walter Kwok formed 'Empire Group Holdings' to rebuild his property business
11 August 2014 - The former chairman of Sun Hung Kai Properties, Walter Kwok Ping-sheung, recently formed a new company and renamed 2 existing companies to rebuild his property business. Kwok revamped two of his privately owned real estate related companies in June and July this year, following which his “Empire Group Holdings Limited” co-operated
Twelve Peaks to open for tender
17 July 2014 - "TWELVE PEAKS" on the Peak developed by Sun Hung Kai Properties will open to the market for tender this Saturday (July 19). Sun Hung Kai Properties Deputy Managing Director Victor Lui Ting said that they will begin accepting bids and the show houses at the completed development will be open to buyers for visiting. The market believe
Kwun Tong redevelopment project receives four tenders, total investment may exceed HK$16 billion
15 July 2014 - Local newspapers reported that the mega Kwun Tong redevelopment project, Kung Tong Town Centre Project (Development Areas 2 & 3), received a fewer-than-expected four tenders. These included offers from Sun Hung Kai (0016), Wheelock (0020) and Henderson Land Development, and one unknown party. Surveyors are worried that the project c
Sun Hung Kai wins 2 residential plots in Tin Shui Wai for HK$4.2billion, lowest ppsf in 13 years
9 July 2014 - Hong Kong Economic Times reported that Sun Hung Kai Properties has won two residential plots in Tin Shui Wai for a total of approximately HK$4.2 billion. The average transaction price of HK$ 1,854 per square foot marks a 13-year record low for land prices within the district. Victor Lui, Deputy Managing Director of Sun Hung Kai Prope
Pre-sale Consent Applications for Residential Properties reach 21-month high in June
5 July 2014 - Developers are keen on preparing their properties for launch. Apple Daily reported that the Lands Department received 7 pre-sale consent applications with a total of 2,822 uncompleted residential units in June setting a 21-month record high. For the latest applications, the Fat Kwong Street project in Ho Man Tin which was bought by S
“The Seafront” house sold for record high of HKD55,889 per sq.ft
16 June 2014 - Many brand new residential developments were launched over the weekend with attractive stamp duty cash rebate packages on offer in time for Father’s Day. Ming Pao reported that 437 first hand residential units were sold during the weekend, including Sun Hung Kai Properties’ new project at “The Seafront” in Tsuen Wan West which sold
OKAY.COM App
Let's Connect
Signup to receive the latest properties
15/F, Wilson House, 19-27 Wyndham St., Central, Hong Kong
+852 2102 0888
© 2024 Okay Property Agency LimitedEAA License Number C-036846All Rights Reserved