One West Kowloon

Scramble for sales precedes new law

Cheung Kong is offering additional sweeteners to try to offload the remaining units at One West Kowloon. Photo: Felix Wong

Cheung Kong is offering additional sweeteners, on top of a price cut last month, to try to offload the remaining units at its Lai Chi Kok residential project.

Thursday, 18 April, 2013, 5:33am

Cheung Kong's home price cuts 'will affect market' says analyst

One West Kowloon

While observers are split over whether Cheung Kong's high-profile price-cutting strategy is a marketing gimmick to drum up sales, or a reflection of the belief of Li Ka-shing, the company's chairman, that the property market has peaked, one analyst said the price cuts themselves would have an effect on the market.

9 Mar 2013 - 4:38am

Cheung Kong takes the lead in cutting property prices

One West Kowloon

Cheung Kong (Holdings) has cut prices of its Lai Chi Kok residential project, a move that analysts believe could prompt other developers to follow suit. The developer yesterday announced the launch of 20 units at One West Kowloon, including 16 units which had been launched previously but were unsold.

8 Mar 2013 - 5:14am

Two luxury residential sites fetch HK$2.9b

SHKP has raised prices for the second batch of 50 flats at The Wings II after receiving a positive response for the first batch. Photo: Sandy Li

Two residential sites, in Sai Kung and Sha Tin, were sold for a total of more than HK$2.9 billion, roughly in line with market expectations.

10 Jan 2013 - 4:19am

Developers wary after slow response to One West Kowloon launch

Cheung Kong's One West Kowloon project only sold about 40 of the 286 flats on offer so far. Photo: Felix Wong

Hong Kong developers are expected to delay launching new projects offering larger and pricier flats in response to the slowdown in sales caused by the latest measures aimed at cooling down the property market.

12 Dec 2012 - 3:23am

'Slow start' to flat sales at One West Kowloon

Cheung Kong offers 100 flats for sale in its One West Kowloon project yesterday. Photo: Felix Wong

Cheung Kong sold 30 units of its Lai Chi Kok project in the first hour of its launch yesterday, a result that market watchers described as a poor sales performance.

6 Dec 2012 - 3:16am