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Consortium bags HK residential plot at record HK$17.3b

The plot in Cheung Sha Wan is in the West Kowloon district, near an upcoming museum complex and rail terminus

Published Thu, Nov 16, 2017 · 09:50 PM

Hong Kong

A CONSORTIUM including Sino Land has paid a record HK$17.3 billion (S$3.0 billion) for a plot of residential land in Hong Kong, signalling that the property market is still running hot.

Shimao Property Holdings, Wheelock Properties, K Wah International Holdings and SEA Holdings were the other members of the group, the Lands Department said late on Wednesday.

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Property

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Consortium bags HK residential plot at record HK$17.3b

Property

Private home prices up 1.4% in Q1, rents drop by 1.9%: URA

OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2

FLASH: Singapore office rents in central region fall 1.7 per cent in Q1 over Q4: URA

Homebuyers shun new real estate in Vancouver, hurting builders

US pending home sales jump in March to hit highest in the year

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