Sandy Li

Sandy Li

Sandy Li is the property editor. She covers property market which focus in listed property firms and government policy. During her career she has won several journalism prizes, including the Citi Journalistic Excellence Award in 2011. She was first runner-up for the same award in 2010.

Latest from Sandy Li

Consortium of Hong Kong and mainland developers wins bid for last parcel of land in Lohas Park

Dynamic Wish, a consortium formed by Sino Land, Kerry Properties, K. Wah International and China Merchants Land, won the tender for phase 13 of Lohas Park.

31 Oct 2020 - 9:00AM

Dynamic Wish, a consortium formed by Sino Land, Kerry Properties, K. Wah International and China Merchants Land, won the tender for phase 13 of Lohas Park.

Consortium of Hong Kong and mainland developers wins bid for last parcel of land in Lohas Park
Swire in talks to sell Cityplaza One office tower as it picks up the pace on asset sales after first interim loss in half a century

Swire Properties’ interim core profit plunged 80 per cent HK$3.75 billion, as its rental income from offices, shopping centres and hotel occupancy at its Pacific Place mixed-use complex in Admiralty plunged amid dwindling business and leisure visitor numbers.

28 Oct 2020 - 10:49PM

Swire Properties’ interim core profit plunged 80 per cent HK$3.75 billion, as its rental income from offices, shopping centres and hotel occupancy at its Pacific Place mixed-use complex in Admiralty plunged amid dwindling business and leisure visitor numbers.

Swire in talks to sell Cityplaza One office tower as it picks up the pace on asset sales after first interim loss in half a century
Shenzhen’s office landlords offer leisure areas, huge pantries as they compete to woo tech firms amid record vacancy levels

The landlords are also having to be more flexible in their leasing arrangements to meet the demands of new-economy companies as they try to fill a record amount of vacant office space.

27 Oct 2020 - 7:49PM

The landlords are also having to be more flexible in their leasing arrangements to meet the demands of new-economy companies as they try to fill a record amount of vacant office space.

Shenzhen’s office landlords offer leisure areas, huge pantries as they compete to woo tech firms amid record vacancy levels
World’s costliest office market shows first signs of weakness, as Hong Kong withdraws biggest commercial site this year, developer cuts rent at Kai Tak tower by 20 per cent

In the first signs of a slowdown in Hong Kong’s office property market, the city withdrew this year’s largest commercial site from tender, while Nan Fung lowered the asking rent for an office tower under construction by up to 20 per cent.

21 Oct 2020 - 11:12PM

In the first signs of a slowdown in Hong Kong’s office property market, the city withdrew this year’s largest commercial site from tender, while Nan Fung lowered the asking rent for an office tower under construction by up to 20 per cent.

World’s costliest office market shows first signs of weakness, as Hong Kong withdraws biggest commercial site this year, developer cuts rent at Kai Tak tower by 20 per cent
Macau, with its cheap plots and little competition, is the promised land for Hong Kong’s smaller property developers

Hong Kong’s smaller property developers, squeezed out at home by heavyweight players, have long turned to Macau, the other special administrative region covered by Beijing’s Greater Bay Area development plan.

20 Oct 2020 - 7:17PM

Hong Kong’s smaller property developers, squeezed out at home by heavyweight players, have long turned to Macau, the other special administrative region covered by Beijing’s Greater Bay Area development plan.

Macau, with its cheap plots and little competition, is the promised land for Hong Kong’s smaller property developers
Chinese coffee entrepreneur in Macau plans expansion to meet caffeine needs of the bay area

Charles Shi, a Chinese businessman with overseas interests, recently set up a coffee factory in Macau, aided by a government scheme to lure foreign investment.

19 Oct 2020 - 2:00PM

Charles Shi, a Chinese businessman with overseas interests, recently set up a coffee factory in Macau, aided by a government scheme to lure foreign investment.

Chinese coffee entrepreneur in Macau plans expansion to meet caffeine needs of the bay area
Swire Properties selling car parking spaces in Taikoo Shing for HK$3 million each as it disposes off noncore assets

Swire Properties plans to sell a total of 227 car and 62 motorcycle parking spaces in the 43-year-old Taikoo Shing housing development in Quarry Bay.

15 Oct 2020 - 9:45AM

Swire Properties plans to sell a total of 227 car and 62 motorcycle parking spaces in the 43-year-old Taikoo Shing housing development in Quarry Bay.

Swire Properties selling car parking spaces in Taikoo Shing  for HK$3 million each as it disposes off noncore assets
Shenzhen’s unaffordable home prices could hurt Beijing’s plan to turn the Greater Bay Area tech hub into model city

As Shenzhen grapples with the issue of finite land supply, tech workers who want to move to the city will be confronted by rapidly increasing property prices.

14 Oct 2020 - 1:55PM

As Shenzhen grapples with the issue of finite land supply, tech workers who want to move to the city will be confronted by rapidly increasing property prices.

Shenzhen’s unaffordable home prices could hurt Beijing’s plan to turn the Greater Bay Area tech hub into model city
Home buying sentiment expected to be subdued in Macau, after ‘golden week’ tourism arrivals plummet by 90 per cent

Home buying sentiment in Macau, the world’s largest gaming hub, was expected to be subdued after tourist arrivals failed to meet expectations during the “golden week” holiday last week.

13 Oct 2020 - 6:34PM

Home buying sentiment in Macau, the world’s largest gaming hub, was expected to be subdued after tourist arrivals failed to meet expectations during the “golden week” holiday last week.

Home buying sentiment expected to be subdued in Macau, after ‘golden week’ tourism arrivals plummet by 90 per cent
Macau predicts shift in travel patterns as Covid-19 limits tourism to short-haul, short stay visitors

Macau could see a shift in travel patterns as the government banks on short-haul travellers with preference of shorter stay in the gambling hub, a government official said.

12 Oct 2020 - 10:30AM

Macau could see a shift in travel patterns as the government banks on short-haul travellers with preference of shorter stay in the gambling hub, a government official said.

Macau predicts shift in travel patterns as Covid-19 limits tourism to short-haul, short stay visitors
Cash-strapped developer Goldin to raise US$178 million through share sale for debt repayment, working capital

Cash-strapped Hong Kong property developer Goldin Financial Holdings plans to raise HK$1.38 billion in net proceeds from a share sale to at least six investors, the company said in a filing to the local stock exchange on Sunday.

12 Oct 2020 - 6:47PM

Cash-strapped Hong Kong property developer Goldin Financial Holdings plans to raise HK$1.38 billion in net proceeds from a share sale to at least six investors, the company said in a filing to the local stock exchange on Sunday.

Cash-strapped developer Goldin to raise US$178 million through share sale for debt repayment, working capital
New World Development launches mega Hong Kong project at lower-than-expected prices, as Covid-19, recession weigh on market

Hong Kong property company New World Development will offer the first batch of its The Pavilia Farm project in Sha Tin at lower-than-expected prices, as the city’s third coronavirus wave and its worst recession in decades weigh on the property market.

9 Oct 2020 - 11:04PM

Hong Kong property company New World Development will offer the first batch of its The Pavilia Farm project in Sha Tin at lower-than-expected prices, as the city’s third coronavirus wave and its worst recession in decades weigh on the property market.

New World Development launches mega Hong Kong project at lower-than-expected prices, as Covid-19, recession weigh on market
Hong Kong developer NWD says it will ‘create shared value’, as it takes control of State Theatre Building site

The conservation of the 68-year-old State Theatre in Hong Kong’s North Point district will be the highlight of property company New World Development’s redevelopment plan, according to its executive vice-chairman.

8 Oct 2020 - 10:58PM

The conservation of the 68-year-old State Theatre in Hong Kong’s North Point district will be the highlight of property company New World Development’s redevelopment plan, according to its executive vice-chairman.

Hong Kong developer NWD says it will ‘create shared value’, as it takes control of State Theatre Building site
Jardine’s property in Hong Kong’s Shek O ‘Tycoon Village’ gets the redevelopment nod that may turn it into a HK$918 million mansion

The ambitious plan underscores how Hong Kong continues to be the playground of the ultra wealthy class, even as the city’s economy has been squeezed by the coronavirus pandemic and more than a year of anti-government protests into its worst recession on record.

7 Oct 2020 - 11:43AM

The ambitious plan underscores how Hong Kong continues to be the playground of the ultra wealthy class, even as the city’s economy has been squeezed by the coronavirus pandemic and more than a year of anti-government protests into its worst recession on record.

Jardine’s property in Hong Kong’s Shek O ‘Tycoon Village’ gets the redevelopment nod that may turn it into a HK$918 million mansion
Macau Pass to expand cashless payment service to Hong Kong in 2021, a step towards greater convenience in Greater Bay Area

A one-stop service that allows residents across the region to pay for goods and services – without having to deal with three different sets of currencies – is vital in improving the practicality daily life across borders.

4 Oct 2020 - 10:33PM

A one-stop service that allows residents across the region to pay for goods and services – without having to deal with three different sets of currencies – is vital in improving the practicality daily life across borders.

Macau Pass to expand cashless payment service to Hong Kong in 2021, a step towards greater convenience in Greater Bay Area
Macau’s ambitious plan to turn itself into a Greater Bay Area entertainment, finance hub runs into Covid-19 difficulties

While analysts and industry observers agree on Macau’s need to diversify its economy from gaming, they say the city has to find a financial niche for itself.

4 Oct 2020 - 12:13PM

While analysts and industry observers agree on Macau’s need to diversify its economy from gaming, they say the city has to find a financial niche for itself.

Macau’s ambitious plan to turn itself into a Greater Bay Area entertainment, finance hub runs into Covid-19 difficulties
New World Development reaps rewards from online sales experiments to counter Covid-19 crisis

New World Development is enjoying the fruits of its online experiments after scoring large sales for shopping centre tenants and its own housing projects in Hong Kong and mainland China.

30 Sep 2020 - 11:07PM

New World Development is enjoying the fruits of its online experiments after scoring large sales for shopping centre tenants and its own housing projects in Hong Kong and mainland China.

New World Development reaps rewards from online sales experiments to counter Covid-19 crisis
Hong Kong may miss private home supply target again as recession slows land sale, development plans

Hong Kong’s government may miss its annual home supply target yet again because the amount of land available for development is insufficient, analysts and lawmakers say.

28 Sep 2020 - 11:50PM

Hong Kong’s government may miss its annual home supply target yet again because the amount of land available for development is insufficient, analysts and lawmakers say.

Hong Kong may miss private home supply target again as recession slows land sale, development plans
Hong Kong developers rebuild cash hoard to prepare for new opportunities amid biggest market correction in four years

Some of Hong Kong developers are building up their cash hoard by selling noncore assets, eyeing new opportunities and bargains amid the longest stretch of market correction since at least 2016.

20 Sep 2020 - 7:04PM

Some of Hong Kong developers are building up their cash hoard by selling noncore assets, eyeing new opportunities and bargains amid the longest stretch of market correction since at least 2016.

Hong Kong developers rebuild cash hoard to prepare for new opportunities amid biggest market correction in four years
Chinese companies are showing signs of returning to Hong Kong’s offices and executive apartments, boding well for city’s real estate

As Asia’s third-largest capital market, Hong Kong is where hundreds of mainland Chinese companies go to raise capital, and where thousands of multinational companies locate their regional head offices or the doorstep of the world’s most populous consumer market.

15 Sep 2020 - 10:38PM

As Asia’s third-largest capital market, Hong Kong is where hundreds of mainland Chinese companies go to raise capital, and where thousands of multinational companies locate their regional head offices or the doorstep of the world’s most populous consumer market.

Chinese companies are showing signs of returning to Hong Kong’s offices and executive apartments, boding well for city’s real estate
Hong Kong’s veteran property investors head for the exit amid fears of a deep and prolonged correction in prices

Chances of prices falling higher now as Hong Kong’s economy is worse than it was during the Asian financial crisis in 1997 and Sars outbreak in 2003, says former Midland Holdings executive.

15 Sep 2020 - 7:41PM

Chances of prices falling higher now as Hong Kong’s economy is worse than it was during the Asian financial crisis in 1997 and Sars outbreak in 2003, says former Midland Holdings executive.

Hong Kong’s veteran property investors head for the exit amid fears of a deep and prolonged  correction in prices
Can Hong Kong’s retail landlords weather soaring vacancy rates by running their own shops in their own buildings?

Rather than leave their properties standing idle, some retail landlords are launching brand new business ventures to fill the vacant space.

8 Sep 2020 - 7:48PM

Rather than leave their properties standing idle, some retail landlords are launching brand new business ventures to fill the vacant space.

Can Hong Kong’s retail landlords weather soaring vacancy rates by running their own shops in their own buildings?
Hong Kong ‘shop king’ Tang Shing-bor reaches settlement on unpaid rent of US$1.5 million for hotel property

The four owners of the property at 182 Nathan Road had filed a writ in the High Court two weeks ago seeking unpaid arrears over 10 months.

1 Sep 2020 - 7:14PM

The four owners of the property at 182 Nathan Road had filed a writ in the High Court two weeks ago seeking unpaid arrears over 10 months.

Hong Kong ‘shop king’ Tang Shing-bor reaches settlement on unpaid rent of US$1.5 million for hotel property
China Evergrande stays upbeat on home sales target amid margin squeeze, losses in electric car venture

China Evergrande is confident of achieving its home sales target in 2020 even as margins are squeezed and losses from electric car venture deepen before its first roll-out next year.

31 Aug 2020 - 8:29PM

China Evergrande is confident of achieving its home sales target in 2020 even as margins are squeezed and losses from electric car venture deepen before its first roll-out next year.

China Evergrande stays upbeat on home sales target amid margin squeeze, losses in electric car venture
Sino Hotels, owner of Conrad Hong Kong, posts loss as occupancy rate falls to a third amid coronavirus

Sino Hotels’ average room rates plunged by 43 per cent in the year ended June, chairman Robert Ng Chee Siong said in a stock exchange filing.

26 Aug 2020 - 11:01PM

Sino Hotels’ average room rates plunged by 43 per cent in the year ended June, chairman Robert Ng Chee Siong said in a stock exchange filing.

Sino Hotels, owner of Conrad Hong Kong, posts loss as occupancy rate falls to a third amid coronavirus
Hong Kong’s commercial property investors expect relaxed mortgage rules to kick start buying activity

While the credit-easing policy has had a positive impact on sentiment, some market observers say the economic outlook and Covid-19 continue to cast a shadow on Hong Kong property scene.

26 Aug 2020 - 8:30AM

While the credit-easing policy has had a positive impact on sentiment, some market observers say the economic outlook and Covid-19 continue to cast a shadow on Hong Kong property scene.

Hong Kong’s commercial property investors expect relaxed mortgage rules to kick start buying activity
Hong Kong’s iconic State Theatre to be preserved under New World’s multibillion-dollar redevelopment plan

New World Development has agreed to preserve the historic State Theatre Building as the Hong Kong developer seeks to acquire the rest of the site under a multibillion-dollar redevelopment plan.

26 Aug 2020 - 4:41PM

New World Development has agreed to preserve the historic State Theatre Building as the Hong Kong developer seeks to acquire the rest of the site under a multibillion-dollar redevelopment plan.

Hong Kong’s iconic State Theatre to be preserved under New World’s multibillion-dollar redevelopment plan
Hong Kong Justice Secretary’s Standard Chartered mortgage is under scrutiny as US sanctions on city officials sever banking ties

The scrutiny underscores how US sanctions can make day-to-day life more difficult for so-called specially designated nationals and their families, as international banks who want to continue to access the US financial system suspend their businesses.

21 Aug 2020 - 11:02PM

The scrutiny underscores how US sanctions can make day-to-day life more difficult for so-called specially designated nationals and their families, as international banks who want to continue to access the US financial system suspend their businesses.

Hong Kong Justice Secretary’s Standard Chartered mortgage is under scrutiny as US sanctions on city officials sever banking ties
Hong Kong-listed developer Shenzhen Investment’s unit wins plot in Guangzhou’s Nansha district in record US$578 million

Shum Yip Land, a unit of Hong Kong-listed Shenzhen Investment, has won a plot of land in Guangzhou’s Nansha district for a record 4 billion yuan (US$578 million).

21 Aug 2020 - 11:02PM

Shum Yip Land, a unit of Hong Kong-listed Shenzhen Investment, has won a plot of land in Guangzhou’s Nansha district for a record 4 billion yuan (US$578 million).

Hong Kong-listed developer Shenzhen Investment’s unit wins plot in Guangzhou’s Nansha district in record US$578 million
Hongkongers eye deals in Greater Bay Area city Zhongshan, turn to the internet to buy property

Property investors from Hong Kong are not letting coronavirus social distancing measures and closed borders get in the way of a promising deal in the Greater Bay Area development zone.

18 Aug 2020 - 6:59PM

Property investors from Hong Kong are not letting coronavirus social distancing measures and closed borders get in the way of a promising deal in the Greater Bay Area development zone.

Hongkongers eye deals in Greater Bay Area city Zhongshan, turn to the internet to buy property