Lam Ka-sing

Lam Ka-sing is a business reporter who covers property affairs and results. He joined the Post in 2017 and has a degree in international journalism from Hong Kong Baptist University.
Lam Ka-sing
Lam Ka-sing is a business reporter who covers property affairs and results. He joined the Post in 2017 and has a degree in international journalism from Hong Kong Baptist University.

Latest from Lam Ka-sing

Hong Kong-listed developer Beijing Capital Land fast tracks projects to stay competitive

Hong Kong-listed Chinese state-owned developer Beijing Capital Land has reported a 70.6 per cent surge in cumulative contracted sales to 18.8 billion yuan (US$2.7 billion) for the first four months of 2019, on the back of a switch to a strategy of fast turnovers.

21 May 2019 - 7:17PM

Hong Kong-listed Chinese state-owned developer Beijing Capital Land has reported a 70.6 per cent surge in cumulative contracted sales to 18.8 billion yuan (US$2.7 billion) for the first four months of 2019, on the back of a switch to a strategy of fast turnovers.

Hong Kong-listed developer Beijing Capital Land fast tracks projects to stay competitive
McDonald’s makes hay while the sun shines, selling its TST premises for HK$1 billion as trade war crimps retail property prices

Fast food giant is seeking 15 times the HK$66 million it paid for the 4,260 sq ft property in 1989 in the prime tourist district of Tsim Sha Tsui.

15 May 2019 - 8:14AM

Fast food giant is seeking 15 times the HK$66 million it paid for the 4,260 sq ft property in 1989 in the prime tourist district of Tsim Sha Tsui.

McDonald’s makes hay while the sun shines, selling its TST premises for HK$1 billion as trade war crimps retail property prices
Explainer | What’s the difference among Hong Kong’s subsidised housing schemes, and who can buy?

Hong Kong’s subsidised housing offers a pathway to homeowner for those who meet maximum income restrictions, and for general buyers

10 May 2019 - 8:05PM

Hong Kong’s subsidised housing offers a pathway to homeowner for those who meet maximum income restrictions, and for general buyers

What’s the difference among Hong Kong’s subsidised housing schemes, and who can buy?
Property bargain hunters take a shine to decades-old subsidised housing flats in Hong Kong

Home Ownership Scheme flats have risen in price by 14.4 per cent in the first quarter, or more than double the rate of the broader market

10 May 2019 - 10:53PM

Home Ownership Scheme flats have risen in price by 14.4 per cent in the first quarter, or more than double the rate of the broader market

Property bargain hunters take a shine to decades-old subsidised housing flats in Hong Kong
Wheelock gets second time lucky, finds buyer for house in Asia’s priciest address after offering extra sweeteners

House 16 at the ultra exclusive development on The Peak has been sold for US$91.74 million, 0.3 per cent cheaper than the earlier reneged deal.

8 May 2019 - 8:16AM

House 16 at the ultra exclusive development on The Peak has been sold for US$91.74 million, 0.3 per cent cheaper than the earlier reneged deal.

Wheelock gets second time lucky, finds buyer for house in Asia’s priciest address after offering extra sweeteners
New home prices in Lohas Park decouple from soaring land premium amid abundant supply

Prices of pre-owned flats at Lohas Park have risen 0.8 per cent month on month in April to HK$11,974 per sq ft.

7 May 2019 - 7:17PM

Prices of pre-owned flats at Lohas Park have risen 0.8 per cent month on month in April to HK$11,974 per sq ft.

New home prices in Lohas Park decouple from soaring land premium amid abundant supply
Wheelock sets sales record for a single day’s turnover in Hong Kong’s biggest weekend launch in six years as buyers snap up flats

A total of 1,148 flats were offered for sale across the city, with 1,001 units, or 87 per cent of the total, sold as at 11pm

4 May 2019 - 11:31PM

A total of 1,148 flats were offered for sale across the city, with 1,001 units, or 87 per cent of the total, sold as at 11pm

Wheelock sets sales record for a single day’s turnover in Hong Kong’s biggest weekend launch in six years as buyers snap up flats
China overtakes Australia as top destination in Asia-Pacific for foreign commercial property investors, CBRE survey finds

Shanghai is the preferred market for foreign buyers, according to survey of 348 global real estate investors.

1 May 2019 - 10:22AM

Shanghai is the preferred market for foreign buyers, according to survey of 348 global real estate investors.

China overtakes Australia as top destination in Asia-Pacific for foreign commercial property investors, CBRE survey finds
Zhuhai property lures Hongkongers betting mega bridge will boost Greater Bay Area

Hongkongers splashed out 10 billion yuan (US$1.48 billion) last year on homes in the bay area, by one estimate, 10 per cent more than a year earlier.

1 May 2019 - 4:46PM

Hongkongers splashed out 10 billion yuan (US$1.48 billion) last year on homes in the bay area, by one estimate, 10 per cent more than a year earlier.

Zhuhai property lures Hongkongers betting mega bridge will boost Greater Bay Area
Old is gold as Chinese firms target Hong Kong buildings older than 50 years for redevelopment in bid to cut costs, boost margins

The number of compulsory auctions in Hong Kong has risen since last year, as land acquired through this route is cheaper than plots bought through government tender.

30 Apr 2019 - 7:29PM

The number of compulsory auctions in Hong Kong has risen since last year, as land acquired through this route is cheaper than plots bought through government tender.

Old is gold as Chinese firms target Hong Kong buildings older than 50 years for redevelopment in bid to cut costs, boost margins
The return of Hong Kong’s residential property bull market tests the city government’s policy response to tame runaway prices

Price index of pre-owned homes rose to 377.5 in March, an increase of 2.9 per cent from the previous month.

30 Apr 2019 - 11:25PM

Price index of pre-owned homes rose to 377.5 in March, an increase of 2.9 per cent from the previous month.

The return of Hong Kong’s residential property bull market tests the city government’s policy response to tame runaway prices
April property boom as Hong Kong transactions set for highest monthly level in six years

Total monthly transactions for property assets including homes, parking spaces, and commercial sites reached 7,850 as of April 24, the highest since November 2016

29 Apr 2019 - 6:50AM

Total monthly transactions for property assets including homes, parking spaces, and commercial sites reached 7,850 as of April 24, the highest since November 2016

April property boom as Hong Kong transactions set for highest monthly level in six years
Buyers flock to Centra Horizon’s property sale in Tai Po, in an overwhelming response that is a harbinger of rising home prices

The weekend’s sale, priced 4.1 per cent higher than an offering in January, is a harbinger of rising property prices, agents and analysts said

27 Apr 2019 - 11:25PM

The weekend’s sale, priced 4.1 per cent higher than an offering in January, is a harbinger of rising property prices, agents and analysts said

Buyers flock to Centra Horizon’s property sale in Tai Po, in an overwhelming response that is a harbinger of rising home prices
Consortium of three developers wins bid for priciest land plot in Lohas Park, signalling bullishness on outlook

Sino Land Company, K. Wah International Holdings and China Merchants Land beat out 10 rival bids to win the 11th phase of the Lohas Park development.

26 Apr 2019 - 9:00AM

Sino Land Company, K. Wah International Holdings and China Merchants Land beat out 10 rival bids to win the 11th phase of the Lohas Park development.

Consortium of three developers wins bid for priciest land plot in Lohas Park, signalling bullishness on outlook
Hong Kong investors pressure UK developer to make good on quarterly ‘guaranteed’ returns pledge

UK developer misses payments on ‘guaranteed’ returns on student accommodation and leisure projects.

24 Apr 2019 - 8:21AM

UK developer misses payments on ‘guaranteed’ returns on student accommodation and leisure projects.

Hong Kong investors pressure UK developer to make good on quarterly ‘guaranteed’ returns pledge
Mainland developer Jiayuan is ‘stuck’ in the build-to-borrow cycle

Jiayuan International has secured a 43 billion yuan (HK$50 billion) credit line to fund expansion.

24 Apr 2019 - 6:45AM

Jiayuan International has secured a 43 billion yuan (HK$50 billion) credit line to fund expansion.

Mainland developer Jiayuan is ‘stuck’ in the build-to-borrow cycle
These co-living concepts can help companies slash short-term staff housing costs by 50 per cent

A wide range of companies are exploring the benefits of co-living accommodation for staff

22 Apr 2019 - 1:27AM

A wide range of companies are exploring the benefits of co-living accommodation for staff

These co-living concepts can help companies slash short-term staff housing costs by 50 per cent
Hong Kong’s pre-owned housing market rips higher, as analysts warn of pause ahead

Data showed 102 sales for the week ending April 14, reflecting a 22.9 per cent jump from the prior week, according to activity at 35 major housing estates

17 Apr 2019 - 1:38PM

Data showed 102 sales for the week ending April 14, reflecting a 22.9 per cent jump from the prior week, according to activity at 35 major housing estates

Hong Kong’s pre-owned housing market rips higher, as analysts warn of pause ahead
Chinese dairy giant Mengniu in talks with Fifa about sponsoring World Cup 2022 in Qatar

Football superstar Lionel Messi was the face of Mengniu’s sponsorship of the last World Cup in Russia.

1 Apr 2019 - 7:35AM

Football superstar Lionel Messi was the face of Mengniu’s sponsorship of the last World Cup in Russia.

Chinese dairy giant Mengniu in talks with Fifa about sponsoring World Cup 2022 in Qatar
Hong Kong retail giant AS Watson to spend HK$1 billion on digital transformation in the next decade

The iconic health and beauty chain aims to innovate by partnering with start-ups in countries like Canada, the US and Australia, rather than through acquisitions

1 Apr 2019 - 6:48AM

The iconic health and beauty chain aims to innovate by partnering with start-ups in countries like Canada, the US and Australia, rather than through acquisitions

Hong Kong retail giant AS Watson to spend HK$1 billion on digital transformation in the next decade
Rent at office tower redeveloped on The Excelsior’s site may be the highest in Causeway Bay amid shortage of commercial space

Mandarin Oriental Hotel Group will redevelop The Excelsior into a 26-storey office tower for US$650 million, the only new commercial space under development in Causeway Bay for the next few years

31 Mar 2019 - 10:12PM

Mandarin Oriental Hotel Group will redevelop The Excelsior into a 26-storey office tower for US$650 million, the only new commercial space under development in Causeway Bay for the next few years

Rent at office tower redeveloped on The Excelsior’s site may be the highest in Causeway Bay amid shortage of commercial space
Mengniu Dairy 2018 profit surges 49 per cent, lifted by strong sales, new premium product mix

The mainland’s second-largest dairy producer reported 2018 profit of 3.04 billion yuan

28 Mar 2019 - 10:59PM

The mainland’s second-largest dairy producer reported 2018 profit of 3.04 billion yuan

Mengniu Dairy 2018 profit surges 49 per cent, lifted by strong sales, new premium product mix
‘Micro home’ developer says it will relaunch stalled Tuen Mun project next month

Jiayuan International, developer of the 356-unit T Plus, may slash prices by up to 15 per cent in April relaunch, analysts say

28 Mar 2019 - 7:30AM

Jiayuan International, developer of the 356-unit T Plus, may slash prices by up to 15 per cent in April relaunch, analysts say

‘Micro home’ developer says it will relaunch stalled Tuen Mun project next month
China Evergrande and China Vanke report profit gains and high debt ratios during 2018
  • Evergrande’s 2018 core profit jumped 93.3 per cent to 78.32 billion yuan, while China Vanke’s net profit surged 20.4 per cent to 33.77 billion yuan
27 Mar 2019 - 7:15AM
  • Evergrande’s 2018 core profit jumped 93.3 per cent to 78.32 billion yuan, while China Vanke’s net profit surged 20.4 per cent to 33.77 billion yuan
China Evergrande and China Vanke report profit gains and high debt ratios during 2018
Is the correction in Hong Kong’s home prices over? More than half of market observers think so

Some 57 per cent of respondents interviewed by the Post expect property prices to rise by up to 15 per cent this year, while the rest see prices falling by as much as 5 per cent.

29 Mar 2019 - 1:24PM

Some 57 per cent of respondents interviewed by the Post expect property prices to rise by up to 15 per cent this year, while the rest see prices falling by as much as 5 per cent.

Is the correction in Hong Kong’s home prices over? More than half of market observers think so
Health and beauty giant AS Watson opens 15,000th store as CK Hutchison chair Victor Li tries to emerge from father Li Ka-shing’s shadow

The world’s largest and fastest growing international health and beauty retailer AS Watson Group opened its 15,000th store, in Kuala Lumpur, on Tuesday

26 Mar 2019 - 10:57PM

The world’s largest and fastest growing international health and beauty retailer AS Watson Group opened its 15,000th store, in Kuala Lumpur, on Tuesday

Health and beauty giant AS Watson opens 15,000th store as CK Hutchison chair Victor Li tries to emerge from father Li Ka-shing’s shadow
Hong Kong companies eye slice of Japan tourism boom, invest in hospitality sector

Investors from Hong Kong are buying and building hotels in Japan in a bid to capitalise on a tourism boom. According to the Japan National Tourism Organisation, a record 31.19 million tourists visited the country in 2018.

26 Mar 2019 - 6:42PM

Investors from Hong Kong are buying and building hotels in Japan in a bid to capitalise on a tourism boom. According to the Japan National Tourism Organisation, a record 31.19 million tourists visited the country in 2018.

Hong Kong companies eye slice of Japan tourism boom, invest in hospitality sector
Hong Kong’s homebuyers return in droves as banks kept mortgage rates unchanged amid a dovish monetary policy
HK$10 billion Kai Tak site attracts six bids as firms say they are positive about Hong Kong housing market

Six developers have submitted tenders for a site in Kai Tak, Hong Kong’s Lands Department said on Friday, with companies saying they remained positive about the city’s housing sector.

22 Mar 2019 - 10:51PM

Six developers have submitted tenders for a site in Kai Tak, Hong Kong’s Lands Department said on Friday, with companies saying they remained positive about the city’s housing sector.

HK$10 billion Kai Tak site attracts six bids as firms say they are positive about Hong Kong housing market
Hong Kong home prices are back on the rise, stoked by dovish Fed

Anecdotal evidence suggests local home prices are rebounding in the wake of the US Federal Reserve’s decision to freeze further rate hikes, pause balance sheet unwind.

22 Mar 2019 - 2:00PM

Anecdotal evidence suggests local home prices are rebounding in the wake of the US Federal Reserve’s decision to freeze further rate hikes, pause balance sheet unwind.

Hong Kong home prices are back on the rise, stoked by dovish Fed