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.
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

Hong Kong is cheaper than Tokyo and Sydney in office fit-out costs, study shows

The cost to fit out a new office in Hong Kong is a lot cheaper than major Japanese or Australian cities, a new study shows. That is a small consolation for prospective tenants in a city with the highest rentals in the past four years.

5 Nov 2019 - 7:30PM

The cost to fit out a new office in Hong Kong is a lot cheaper than major Japanese or Australian cities, a new study shows. That is a small consolation for prospective tenants in a city with the highest rentals in the past four years.

Hong Kong is cheaper than Tokyo and Sydney in office fit-out costs, study shows
Hong Kong, Chinese developers hope to piggyback on robust secondary property market sales, to release more than 1,000 units

Hong Kong and mainland Chinese property developers are hoping to piggyback on strong activity in the city’s secondary market and will release more than 1,000 units in the coming weeks.

25 Oct 2019 - 8:28AM

Hong Kong and mainland Chinese property developers are hoping to piggyback on strong activity in the city’s secondary market and will release more than 1,000 units in the coming weeks.

Hong Kong, Chinese developers hope to piggyback on robust secondary property market sales, to release more than 1,000 units
US$1.5 billion Hong Kong residential plot receives only six bids after 38 expressions of interest last month

A prime residential site next to the Wong Chuk Hang MTR Station, which would require a total investment of up to HK$11.8 billion, drew a lukewarm response on Wednesday, in a sign that there was little appetite for big-ticket deals.

23 Oct 2019 - 11:01PM

A prime residential site next to the Wong Chuk Hang MTR Station, which would require a total investment of up to HK$11.8 billion, drew a lukewarm response on Wednesday, in a sign that there was little appetite for big-ticket deals.

US$1.5 billion Hong Kong residential plot receives only six bids after 38 expressions of interest last month
Hong Kong home sales surge to six-month high as banks seen facing longer time to approve mortgage financing

Twenty used homes changed hands at 10 housing estates in the city over the weekend after the government eased mortgage limits, according to data by Centaline, a six-month high.

22 Oct 2019 - 12:00AM

Twenty used homes changed hands at 10 housing estates in the city over the weekend after the government eased mortgage limits, according to data by Centaline, a six-month high.

Hong Kong home sales surge to six-month high as banks seen facing longer time to approve mortgage financing
Citic Pacific makes US$385 million offer to privatise luxury car distributor Dah Chong Hong Holdings

DCH’s business has been challenged by intense competition and diversified landscape.

21 Oct 2019 - 10:29PM

DCH’s business has been challenged by intense competition and diversified landscape.

Citic Pacific makes US$385 million offer to privatise luxury car distributor Dah Chong Hong Holdings
With Hong Kong’s hotel sector in the doldrums, investors zero in on new-found favourite Singapore

Hotel transactions in Singapore surged by 545 per cent quarter on quarter to S$2.8 billion in the three months to September, while prices of properties in Hong Kong dropped by up to 10 per cent from June levels.

18 Oct 2019 - 8:15AM

Hotel transactions in Singapore surged by 545 per cent quarter on quarter to S$2.8 billion in the three months to September, while prices of properties in Hong Kong dropped by up to 10 per cent from June levels.

With Hong Kong’s hotel sector in the doldrums, investors zero in on new-found favourite Singapore
Housing policy cushions Hong Kong’s property slump, adding US$3 billion to wealth of city’s six richest real estate tycoons

Government’s effort to boost home ownership by raising the mortgage cap is likely to unleash pent-up demand, help in the recovery of home prices and also open up a range of options for buyers, say analysts.

18 Oct 2019 - 9:24AM

Government’s effort to boost home ownership by raising the mortgage cap is likely to unleash pent-up demand, help in the recovery of home prices and also open up a range of options for buyers, say analysts.

Housing policy cushions Hong Kong’s property slump, adding US$3 billion to wealth of city’s six richest real estate tycoons
First-time homebuyers in Hong Kong can aim for pricier flats as city’s leader Carrie Lam announces measures to relax mortgage rules but critics slam move

The government-backed Hong Kong Mortgage Corporation will relax the ceiling on mortgage financing schemes for first-home buyers.

17 Oct 2019 - 1:53AM

The government-backed Hong Kong Mortgage Corporation will relax the ceiling on mortgage financing schemes for first-home buyers.

First-time homebuyers in Hong Kong can aim for pricier flats as city’s leader Carrie Lam announces measures to relax mortgage rules but critics slam move
New World’s land donation in Tin Shui Wai to be turned into 100-home ‘Light Village’ by social-housing group

New World’s donation spurred other landowners into action. Henderson Land said it would yield to any government seizure of farmland that has already been zoned for public housing, handing over up to 1 million sq ft in Fanling near Hong Kong’s border with Shenzhen for public housing.

16 Oct 2019 - 9:43AM

New World’s donation spurred other landowners into action. Henderson Land said it would yield to any government seizure of farmland that has already been zoned for public housing, handing over up to 1 million sq ft in Fanling near Hong Kong’s border with Shenzhen for public housing.

New World’s land donation in Tin Shui Wai to be turned into 100-home ‘Light Village’ by social-housing group
CK Asset discounts its first property launch of 2019 by up to 10 per cent, bowing to a stalling market as Hong Kong’s rallies bite
‘Golden week’ property sales plunge in major Chinese cities amid slowing economy, tight mortgage conditions

Sales of new homes in Beijing dropped to their lowest level since 2014 during the week following the National Day holiday

8 Oct 2019 - 7:51PM

Sales of new homes in Beijing dropped to their lowest level since 2014 during the week following the National Day holiday

‘Golden week’ property sales plunge in major Chinese cities amid slowing economy, tight mortgage conditions
Sun Hung Kai plans to increase supply of flats by 56 per cent at Yuen Long, Cheung Sha Wan residential projects

Sun Hung Kai Properties filed an application with the Town Planning Board to add an extra 2,000 units in two residential projects in Yuen Long and Cheung Sha Wan.

5 Oct 2019 - 7:00AM

Sun Hung Kai Properties filed an application with the Town Planning Board to add an extra 2,000 units in two residential projects in Yuen Long and Cheung Sha Wan.

Sun Hung Kai plans to increase supply of flats by 56 per cent at Yuen Long, Cheung Sha Wan residential projects
Can Hong Kong break the stranglehold of the city’s biggest developers on land reserves?

With two of Hong Kong’s four biggest landowners giving up some of their land holdings toward public housing, has the city reached a turning point?

30 Sep 2019 - 3:30PM

With two of Hong Kong’s four biggest landowners giving up some of their land holdings toward public housing, has the city reached a turning point?

Can Hong Kong break the stranglehold of the city’s biggest developers on land reserves?
Henderson offers 1 million sq ft of Fanling farmland for public homes, saying it would yield to any seizure by Hong Kong’s government of private land

Henderson Land Development says it would offer three plots of land totalling 1 million square feet in Fanling north for public housing if the government

27 Sep 2019 - 3:20PM

Henderson Land Development says it would offer three plots of land totalling 1 million square feet in Fanling north for public housing if the government

Henderson offers 1 million sq ft of Fanling farmland for public homes, saying it would yield to any seizure by Hong Kong’s government of private land
Sun Hung Kai, Hong Kong’s largest developer, to only accept Lands Resumption Ordinance for plots already zoned for public housing

Sun Hung Kai Properties will cooperate with regard to rural land already zoned for public housing, but is opposed to the government seizing plots set aside for private residential and commercial purposes, as well as land that has not been zoned yet.

23 Sep 2019 - 8:48AM

Sun Hung Kai Properties will cooperate with regard to rural land already zoned for public housing, but is opposed to the government seizing plots set aside for private residential and commercial purposes, as well as land that has not been zoned yet.

Sun Hung Kai, Hong Kong’s largest developer, to only accept Lands Resumption Ordinance for plots already zoned for public housing
Hong Kong developers urge government to defer roll out of vacancy tax as they fear it will intensify market slowdown

The introduction of the vacancy tax at the moment certainly will add fuel to the fire, the Real Estate Developers Association of Hong Kong said on Friday.

13 Sep 2019 - 11:00PM

The introduction of the vacancy tax at the moment certainly will add fuel to the fire, the Real Estate Developers Association of Hong Kong said on Friday.

Hong Kong developers urge government to defer roll out of vacancy tax as they fear it will intensify market slowdown
With Prada out, can Hong Kong’s Russell Street outshine Fifth Avenue or Champs-Élysées as the world’s costliest retail strip?

Market observers expect overall rents in Russell Street to fall by up to 30 per cent as social unrest has dampened the overall spending mood, particularly for luxury goods.

11 Sep 2019 - 12:00PM

Market observers expect overall rents in Russell Street to fall by up to 30 per cent as social unrest has dampened the overall spending mood, particularly for luxury goods.

With Prada out, can Hong Kong’s Russell Street outshine Fifth Avenue or Champs-Élysées as the world’s costliest retail strip?
Hong Kong developers looking to build on farmland, sites of old buildings as government reduces land available for private flats

The push to look for options to build on comes as the city government is slowing down the amount of land it is making available for developers to buy for private residential projects.

20 Sep 2019 - 12:51PM

The push to look for options to build on comes as the city government is slowing down the amount of land it is making available for developers to buy for private residential projects.

Hong Kong developers looking to build on farmland, sites of old buildings as government reduces land available for private flats
Sales flop at residential project in Tuen Mun – the latest worrying sign of pressure on property market amid protests

Only 19 per cent of units put up for sale at Wing Tai Properties’ Oma Oma development in Tuen Mun sold on Sunday, sources said, as sentiment about the market sours.

9 Sep 2019 - 12:13PM

Only 19 per cent of units put up for sale at Wing Tai Properties’ Oma Oma development in Tuen Mun sold on Sunday, sources said, as sentiment about the market sours.

Sales flop at residential project in Tuen Mun – the latest worrying sign of pressure on property market amid protests
Extradition bill’s withdrawal ‘is first step’ in getting Hong Kong back to business

From real estate to manufacturing, city’s battered commerce sector welcomes Carrie Lam’s announcement after three months of crisis.

5 Sep 2019 - 12:23AM

From real estate to manufacturing, city’s battered commerce sector welcomes Carrie Lam’s announcement after three months of crisis.

Extradition bill’s withdrawal ‘is first step’ in getting Hong Kong back to business
Citic launches new project in Ma On Shan at 20 per cent below rivals as home sales halve since protests began

Citic launched its The Entrance project in Ma On Shan at 20 per cent below the price of similar properties as builders are forced to woo nervous buyers

3 Sep 2019 - 11:04PM

Citic launched its The Entrance project in Ma On Shan at 20 per cent below the price of similar properties as builders are forced to woo nervous buyers

Citic launches new project in Ma On Shan at 20 per cent below rivals as home sales halve since protests began
Wheelock reports brisk sales of Marini flats as developer shifts property launch to avoid Hong Kong’s protest-filled weekends
Sun Hung Kai picks Shenzhen expert to spearhead developer’s growth strategy in southern China’s Greater Bay Area

Sun Hung Kai Properties has, with an eye on expansion in the “Greater Bay Area”, appointed Wu Xiangdong, a former executive director of state-owned developer China Resources Land, to its board effective September 1.

29 Aug 2019 - 10:22PM

Sun Hung Kai Properties has, with an eye on expansion in the “Greater Bay Area”, appointed Wu Xiangdong, a former executive director of state-owned developer China Resources Land, to its board effective September 1.

Sun Hung Kai picks Shenzhen expert to spearhead developer’s growth strategy in southern China’s Greater Bay Area
Hong Kong protests 2019 vs Occupy Central: after 79 days, retailers, investors, developers hit far worse by this year’s demonstrations

On Monday, the current protests reached the 79-day mark at which time the earlier pro-democracy effort ended. The deeper damage to business could not be clearer.

2 Sep 2019 - 10:44AM

On Monday, the current protests reached the 79-day mark at which time the earlier pro-democracy effort ended. The deeper damage to business could not be clearer.

Hong Kong protests 2019 vs Occupy Central: after 79 days, retailers, investors, developers hit far worse by this year’s demonstrations
Hong Kong developer Wheelock cuts price of new project, sparks fears of faster-than-expected correction in property market

Hong Kong developer Wheelock Properties has sparked fears of a faster-than-expected correction in the world’s most expensive property market by pricing a new project 8 per cent below properties sold in the area just two months ago.

23 Aug 2019 - 6:30AM

Hong Kong developer Wheelock Properties has sparked fears of a faster-than-expected correction in the world’s most expensive property market by pricing a new project 8 per cent below properties sold in the area just two months ago.

Hong Kong developer Wheelock cuts price of new project, sparks fears of faster-than-expected correction in property market
Henderson posts second straight drop in interim revenue, as one of Hong Kong’s largest developers falls victim to real estate slump

The drastic decline underscores how Hong Kong’s stumbling property market is biting some of the city’s biggest developers and wealthiest tycoons, as a year-long trade war combined with more than two months of social unrest into a toxic mix that deterred many property buyers from making long-term capital commitments.

21 Aug 2019 - 10:59PM

The drastic decline underscores how Hong Kong’s stumbling property market is biting some of the city’s biggest developers and wealthiest tycoons, as a year-long trade war combined with more than two months of social unrest into a toxic mix that deterred many property buyers from making long-term capital commitments.

Henderson posts second straight drop in interim revenue, as one of Hong Kong’s largest developers falls victim to real estate slump
Causeway Bay retail landlord offers to cut rent by 44 per cent as Prada closes flagship store next year amid dwindling foot traffic

The shrinking of Prada’s Hong Kong real estate footprint, after the 2016 closure of its boutique at the Peninsula hotel shopping centre, is the latest sign of bricks-and-mortar retailers falling victim to e-commerce and online shopping sites.

19 Aug 2019 - 8:30AM

The shrinking of Prada’s Hong Kong real estate footprint, after the 2016 closure of its boutique at the Peninsula hotel shopping centre, is the latest sign of bricks-and-mortar retailers falling victim to e-commerce and online shopping sites.

Causeway Bay retail landlord offers to cut rent by 44 per cent as Prada closes flagship store next year amid dwindling foot traffic
CK Asset postpones sale of luxury flats estimated to cost more than US$12.7 million citing social turmoil

CK Asset’s executive director Justin Chiu Kwok-hung said that the developer would find it tough to sell the luxury residential project in Hong Kong’s upmarket Mid-Levels district

14 Aug 2019 - 8:15AM

CK Asset’s executive director Justin Chiu Kwok-hung said that the developer would find it tough to sell the luxury residential project in Hong Kong’s upmarket Mid-Levels district

CK Asset postpones sale of luxury flats estimated to cost more than US$12.7 million citing social turmoil
Higher deposit for land sales will add pressure on small firms, tightening the big developers’ grip on Hong Kong’s land supply

The new rules could put Hong Kong’s biggest and best capitalised developers at an advantage, strengthening their stranglehold on the city’s scarce land resources, even amid rising public unrest and dissatisfaction over housing affordability.

14 Aug 2019 - 7:05AM

The new rules could put Hong Kong’s biggest and best capitalised developers at an advantage, strengthening their stranglehold on the city’s scarce land resources, even amid rising public unrest and dissatisfaction over housing affordability.

Higher deposit for land sales will add pressure on small firms, tightening the big developers’ grip on Hong Kong’s land supply
Far East picks up ‘smallest’ land plot at Kai Tak at discount, as public unrest deters developers from long-term investments

Far East Consortium will pay HK$2.45 billion, or HK$7,100 per square foot, for the smallest plot in Kai Tak in terms of gross floor area, as developers turn cautious after 10 weeks of sporadic protest rallies.

12 Aug 2019 - 11:09PM

Far East Consortium will pay HK$2.45 billion, or HK$7,100 per square foot, for the smallest plot in Kai Tak in terms of gross floor area, as developers turn cautious after 10 weeks of sporadic protest rallies.

Far East picks up ‘smallest’ land plot at Kai Tak at discount, as public unrest deters developers from long-term investments