Tsuen Wan

New Business

Chinachem secures plot in Hong Kong’s Tsuen Wan for US$318 million

Chinachem Group has secured a 70,127 sq ft site in Tsuen Wan in the New Territories for more than HK$2.47…

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New Business

Hong Kong’s top developers vie for rare Tsuen Wan site in test of land market rebound

Nine groups, including some of Hong Kong’s largest developers – Sun Hung Kai Properties (SHKP), CK Asset Holdings, Henderson Land…

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New Business

SHKP unit Mega Asia wins tender for MTR’s Tuen Mun site

Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer, edged five other bidders to win the tender for a parcel…

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New Business

McDonald’s sells first Hong Kong property in US$154 million asset-disposal plan

McDonald’s Corp has sold a shop in Yuen Long via public tender for HK$77.4 million (US$9.9 million), the fast-food chain’s…

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New Business

Hong Kong Ferry buys New Territories retail space for US$33 million from ‘Cassette King’

Hong Kong Ferry Holdings is buying retail shops in the New Territories from Hong Kong’s “Cassette King” David Chan Ping-chi…

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McDonald’s seeks US$153 million for 8 Hong Kong retail properties in rare asset sale

McDonald’s Corp is selling eight retail properties in Hong Kong with an estimated market value of HK$1.2 billion (US$153 million),…

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New Business

Hong Kong government to offer just 1 residential plot for sale in current quarter

Hong Kong’s government will release a mid-size plot for sale in its fiscal second quarter, continuing its tight grip on…

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New Business

Exclusive | Futu rents prime Causeway Bay address as online broker prepares for stock market bonanza

Futu Securities International (Hong Kong) has scooped up a prime retail space in Hong Kong’s Causeway Bay, according to market…

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New Business

Hong Kong developer NWD’s shares slump amid slow progress on cutting debt

New World Development (NWD) shares are down nearly 30 per cent since a new CEO was appointed in November and…

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New Business

New World Development sells Hong Kong sports park stake to parent to tackle debt

New World Development (NWD) has sold its stake in Hong Kong’s largest sports infrastructure project to parent Chow Tai Fook…

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