Tung Chung

New Business

Hong Kong to offer just 1 land plot this quarter amid developer caution

The Hong Kong government will offer a single plot of land to developers in the final financial quarter, making a…

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New Business

Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring

Defaulted mainland Chinese developer Shimao Group Holdings has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s…

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New Business

Nan Fung beats 3 rival groups in MTR tender for Tung Chung station site

Hong Kong developer Nan Fung Group beat three rival groups for a development site near the city’s international airport, marking…

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New Business

Rents may soar amid Hong Kong’s property gloom as students, talent immigrants spur demand

Rents may soar to record levels this year in Hong Kong, as a fresh crop of incoming students and talent…

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