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  • August 20, 2014
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  1. Property - Hong Kong & China

    For sale: HK$819m house on Hong Kong's Peak is world’s most expensive per square foot

    Posted Aug 07th 2014, 11:39am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Ignoring the Hong Kong government’s attempt to rein in home prices, Sun Hung Kai Properties (SHKP) is offering a super-deluxe house on The Peak for HK$175,735 per square foot. If it fetches that amount, it will be the world’s most expensive home in terms of price per square foot. SHKP released the price list of the 12 houses at Twelve Peaks in 12 ...

  2. Property - Hong Kong & China - BRICKS & MORTAR

    SHKP to build on sites where Housing Society deemed project too costly

    Posted Jul 14th 2014, 11:29am by Yvonne Liu

    ... Yvonne Liu Tin Shui Wai sites abandoned by Housing Society as too costly have new lease of life High cost for some an opportunity to profit for others A private developer is confident it can profitably build on sites where the Housing Society abandoned a residential project for the elderly as being too expensive. Sun Hung Kai Properties snapped up two sites in Tin Shui Wai ...

  3. Property - Hong Kong & China - PROPERTY

    SHKP upbeat on Central office outlook

    Posted May 10th 2013, 12:00am by Bloomberg

    ... Bloomberg SHKP upbeat on Central office outlook Sun Hung Kai Properties, Hong Kong's biggest developer by value, says it is optimistic about the Central office market even after rents ... said Eric Wong, chairman of property investor Bricks & Mortar Management. "It's always desirable for people who can make the biggest buck. As the banks start to shrink, you ...

  4. Property - Hong Kong & China - PROPERTY DEVELOPMENT

    Hong Kong developers’ profit margins squeezed

    Posted Mar 06th 2014, 11:25am by Sandy Li

    ... for land bought in 2012, the average margin would be 30 per cent,” he said. “For land bought in 2013, the average margin will only be 20 per cent.” Adding to developers’ misery, property ... and 2010, Nicole Wong, CLSA’s regional head of property research, said. However, for projects on sites developers bought in the past few years, profit margins would shrink to between 20 per cent ...

  5. Tourism Board to seek new sponsors

    Posted Jan 12th 2012, 12:00am

    ... of the frenzied scrambling for funds after two property developers decided, two months before the countdown, not to sponsor the event. Henderson Land and Sun Hung Kai Properties, who had supported ... the board tended to rely on the same funding sources instead of looking for new sponsors, Tien said. 'The economic outlook is not that good this year, but we are not worried about failing ...

  6. Property - Hong Kong & China - RETAIL

    Demand for gold jewellery drives sales surge at APM Mall in Hong Kong

    Posted Jul 03rd 2013, 12:00am by Sandy Li

    ... Jewellery stores see strong first-half returns as price of precious metal plunges The sales performance of Sun Hung Kai Properties flagship mall in Kowloon East rose 15 per cent ... outlook and believed sales would register growth of about 10 per cent for the whole year. In her portfolio, there were some 50 leases involving about 100,000 sq ft due for renewal this year. She ...

  7. Property - Hong Kong & China - PROPERTY

    SHKP shares down after unveiling warrant issue

    Posted Mar 04th 2014, 06:50am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com SHKP shares down after unveiling warrant issue Shares of Sun Hung Kai Properties (SHKP) fell after the firm last Friday announced an unexpected bonus warrant ... for the six months to December owing to lower property sales. Under the proposed warrant issue, each warrant will entitle the holder to subscribe to one new share at HK$98.60. Based on the controlling ...

  8. Property - Hong Kong & China - PROPERTY

    Sun Hung Kai plan for residential towers sent back by Town Planning Board

    Posted Jul 06th 2013, 12:00am by Joyce Ng

    ... it as "distinct and interesting". Board members are concerned that the Sun Hung Kai Properties project on the site of the former North Point estate features towers that are too close together, some ... with the government's building design guidelines. "The project will have a special outlook in the area. The differing [building] heights carry a sense of superiority," Lai said. She cited ...

  9. Property - Hong Kong & China - FORECASTS

    Sun Hung Kai Properties sees steady prices even as analysts forecast falls

    Posted Feb 12th 2014, 04:29am by Sandy Li

    ... steady prices amid the gloom The deputy managing director of Sun Hung Kai Properties, Victor Lui Ting, said he expected homes prices to be steady this year even as analysts made gloomy forecasts ... of the requirements of the Residential Properties (First-hand Sales) Ordinance that came into effect at the end of April. "Each brochure costs about HK$1,000 to produce," he said. SHKP apparently ...

  10. Business - Companies - REAL ESTATE

    No holiday for property agents as flats snapped up

    Posted Feb 14th 2013, 12:00am by Paggie Leung

    ... Kong's property market, with strong sales of new homes during the Lunar New Year holiday despite recent cooling measures. Sun Hung Kai Properties, which launched Residence 88 in Yuen Long ... the launches of new flats Compared with the previous Lunar New Year, when no new projects were released, this year's holiday was a busy one for agents. "Buyers are upbeat about the outlook ...




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