Sun Hung Kai Properties

8000 HK-ers flocked to home flat viewing

Developers are selling flats at lower-than-expected price Sun Hung Kai Properties (SEHK:0016), sole developer of Yoho Town project which is a multi-phase residential housing and shopping malls complex adjunct to Yuen Long MTR station, said more than 8,000 people visited… Continue Reading →

New year holiday boosted sales in retail

Recent enactment of Competition Ordinance allows local retailers to offer sharper price-cut for boosting sales. Local retailers cut prices after the Competition Ordinance effective on 14 December,2015 as well as boost shoppers’ consumption. Meanwhile, Sun Hung Kai Properties (0016.HK) ‘s nine major malls recorded a… Continue Reading →

New homes price-cuts capture Hong Kong buyers

Pending second-hand homes market is sluggish. Totally 482 transactions of first-hand residential property were recorded over the last weekend in Hong Kong. Offering tax rebate, mortgage plan and sub-secondary-market-levels pricing to buyers, CK Property (01113.HK) sold 450 of 560 units of… Continue Reading →

HK Ex-chief executive is charged with misconduct

The prosecution of Donald Tsang bought attention to the ties between government officials and businessmen. Donald Tsang Yam-kuen, the former chief executive of Hong Kong from 2005 to 2012, was charged on two counts of misconduct in public office on 5 October…. Continue Reading →

Launch of new homes to meet demand

Sun Hung Kai Properties launched the last batch of Century Link II, proof of good performance in primary property market. Sun Hung Kai Properties (0016.HK)’s Century Link II, 2nd phrase of Century Link in Tung Chung, sold out a total of 148 units on 18 September. The… Continue Reading →

328 new home flats were sold in 10 hours

Sun Hung Kai ‘s Century Link II project received over 6,000 cashier’s checks, 18 times over-subscription. On 3 September, Sun Hung Kai Properties (0016.HK)’s Century Link II, 2nd phrase of Century Link in Tung Chung, sold out all 328 units of its first batch… Continue Reading →

MTR Corp invited developers for new resident project

The 8th phase Lohas Park is open for bid. Hong Kong developers are invited by The MTR Corp (0066.HK) to submit their expressions of interest in 8th phase of Lohas Park at Tseung Kwan O until 26 August. Sun Hung Kai Properties (00016.HK) and Henderson Land (0012.HK) were… Continue Reading →

More HK primary homes will launch in August

HK developers continue to push out more primary flats despite HK second-hand home property is slowing down. Sun Hung Kai Properties (0016.HK) is launching 932 units at Century Link II, the 2nd phrase of Century Link in Tung Chung, by August. The phase… Continue Reading →

Sun Hung Kai won a residential redevelopment project in HK

Urban Renewal Authority awarded the tender to Sun Hung Kai Properties, outbidding 19 developers including CK Properties and Sino Land. On 28 July, Urban Renewal Authority (URA) awarded the tender for a redevelopment residential site in Ma Tau Kok to Sun Hung… Continue Reading →

Sun Hung Kai won a site in New Territories

Outbidding 13 developers including CK Properties and Sino Land, Sun Hung Kai Properties paid for HK$1.32 billion. On 10 June, The Lands Department awarded the tender for a residential site in Tuen Mun to Kong Smart Investment Limited, a subsidiary of Sun Hung Kai Properties (00016.HK), and gives… Continue Reading →

HK developers fight for 7th phase of Lohas Park

7th phase of  Lohas Park land premium $3,147 per sq. ft, hitting new high in district,total land premium at HK$3.89 b The MTR Corp (0066.HK) received 28 letters of bidding interest from HK developers in 7th phase of Lohas Park, mixed commercial & residential project located… Continue Reading →

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