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

Buyer walks away from US$32 million Hong Kong luxury home, as trade war and protests sap appetite for real estate investment

Hong Kong reported the second default in property transactions in nine days, as the year-long US-China trade war and massive street protests since June 9 have sapped investors’ appetite for large purchases.

5 hours ago

Hong Kong reported the second default in property transactions in nine days, as the year-long US-China trade war and massive street protests since June 9 have sapped investors’ appetite for large purchases.

Buyer walks away from US$32 million Hong Kong luxury home, as trade war and protests sap appetite for real estate investment
Land tender: Hong Kong government must introduce guarantors, higher deposits to prevent another Kai Tak fiasco

Industry expert says the government must introduce guarantors similar to those required by MTR Corp and Urban Renewal Authority to ensure completion of land sale via tenders.

19 Jun 2019 - 8:37AM

Industry expert says the government must introduce guarantors similar to those required by MTR Corp and Urban Renewal Authority to ensure completion of land sale via tenders.

Land tender: Hong Kong government must introduce guarantors, higher deposits to prevent another Kai Tak fiasco
Hong Kong developer walks away from HK$11.1 billion Kai Tak project, citing ‘social contradiction and economic instability’

Goldin Financial’s strategic U-turn reflects the biggest change of heart by a major Hong Kong company since escalation of trade war

17 Jun 2019 - 9:35AM

Goldin Financial’s strategic U-turn reflects the biggest change of heart by a major Hong Kong company since escalation of trade war

Hong Kong developer walks away from HK$11.1 billion Kai Tak project, citing ‘social contradiction and economic instability’
Hong Kong property deals jump to 22-year high as investors spend US$43.8b in first five months of 2019, but outlook cloudy

Investments on new flats rose to HK$121.8 billion in the first five months, up 47.6 per cent from the same period in 2018.

4 Jun 2019 - 10:27PM

Investments on new flats rose to HK$121.8 billion in the first five months, up 47.6 per cent from the same period in 2018.

Hong Kong property deals jump to 22-year high as investors spend US$43.8b in first five months of 2019, but outlook cloudy
Worsening US-China trade war hits Hong Kong’s office rental market as companies put expansion plans on hold

Some foreign companies are surrendering their leases, a trend that was seen among Chinese companies a few months ago.

3 Jun 2019 - 12:59PM

Some foreign companies are surrendering their leases, a trend that was seen among Chinese companies a few months ago.

Worsening US-China trade war hits Hong Kong’s office rental market as companies put expansion plans on hold
Shui On chairman Vincent Lo’s daughter and successor Stephanie Lo calls the shots at mainland-focused developer

Stephanie Lo Bo-yue has mapped out the Hong Kong-listed developer’s asset-light strategy on the mainland.

4 Jun 2019 - 3:19PM

Stephanie Lo Bo-yue has mapped out the Hong Kong-listed developer’s asset-light strategy on the mainland.

Shui On chairman Vincent Lo’s daughter and successor Stephanie Lo calls the shots at mainland-focused developer
Sun Hung Kai Properties prosecuted over lack of information on tender for flats in first such case as Hong Kong government tackles opaque sales practices

Sales of First-hand Residential Properties Authority said a summons had been served to an unnamed developer for a project in Pak Shek Kok, Tai Po.

17 May 2019 - 11:29PM

Sales of First-hand Residential Properties Authority said a summons had been served to an unnamed developer for a project in Pak Shek Kok, Tai Po.

Sun Hung Kai Properties prosecuted over lack of information on tender for flats in first such case as Hong Kong government tackles opaque sales practices
Hong Kong’s luxury home prices creep up 0.3 per cent as global average sinks to slowest growth in a decade, says Knight Frank

The average cost of a high-end residential property in 45 cities across the world rose 1.3 per cent in the first quarter, the slowest pace in 10 years

17 May 2019 - 3:51PM

The average cost of a high-end residential property in 45 cities across the world rose 1.3 per cent in the first quarter, the slowest pace in 10 years

Hong Kong’s luxury home prices creep up 0.3 per cent as global average sinks to slowest growth in a decade, says Knight Frank
Hong Kong’s property market has 10 more years in its bull run as population inflow from Greater Bay gives it sustenance

Hong Kong’s residential property market has another decade in its current bull run, as population inflow from the Greater Bay Area gives it sustenance, said the bank that correctly picked last year’s short-lived price correction.

9 May 2019 - 10:19PM

Hong Kong’s residential property market has another decade in its current bull run, as population inflow from the Greater Bay Area gives it sustenance, said the bank that correctly picked last year’s short-lived price correction.

Hong Kong’s property market has 10 more years in its bull run as population inflow from Greater Bay gives it sustenance
More Hong Kong buyers are out of pocket as opaque practice of sale by tender becomes popular in residential real estate

Sales through tender used to be reserved for luxury properties, but in Hong Kong the practice has spilled into the mass market

4 May 2019 - 1:47PM

Sales through tender used to be reserved for luxury properties, but in Hong Kong the practice has spilled into the mass market

More Hong Kong buyers are out of pocket as opaque practice of sale by tender becomes popular in residential real estate
Sales of pre-owned homes in Hong Kong surge to eight-year high as panicked buyers rush to beat rising prices

‘Buyers are afraid that if they don’t buy now, they will miss the boat once prices rise further,’ said Sammy Po of Midland Realty.

3 May 2019 - 10:08AM

‘Buyers are afraid that if they don’t buy now, they will miss the boat once prices rise further,’ said Sammy Po of Midland Realty.

Sales of pre-owned homes in Hong Kong surge to eight-year high as panicked buyers rush to beat rising prices
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
‘King of Cassettes’ David Chan Ping-chi to sell subdivided office units at The Center for up to 47 per cent profit

ACME Group chairman David Chan could rake in HK$1.3 billion if all 12 subdivided units on the 39th floor are sold.

30 Apr 2019 - 9:07AM

ACME Group chairman David Chan could rake in HK$1.3 billion if all 12 subdivided units on the 39th floor are sold.

‘King of Cassettes’ David Chan Ping-chi to sell subdivided office units  at The Center for up to 47 per cent profit
Completion of new flats in Hong Kong plummets to four-year low as looming vacancy tax spooks developers

The proposed levy on unsold flats is an attempt to curb runaway property prices by forcing developers to add more housing to the city’s supply

26 Apr 2019 - 11:09PM

The proposed levy on unsold flats is an attempt to curb runaway property prices by forcing developers to add more housing to the city’s supply

Completion of new flats in Hong Kong plummets to four-year low as looming vacancy tax spooks developers
Hong Kong’s biggest developer Sun Hung Kai has invested up to 30 billion yuan towards 10 projects in the Greater Bay Area

A fifth of the budget will be committed toward a project in Guangzhou city’s Nansha district, where a 250-metre office tower will be built.

26 Apr 2019 - 5:28PM

A fifth of the budget will be committed toward a project in Guangzhou city’s Nansha district, where a 250-metre office tower will be built.

Hong Kong’s biggest developer Sun Hung Kai has invested up to 30 billion yuan towards 10 projects in the Greater Bay Area
Hong Kong paper tycoon Raymond Lee buys Repulse Bay property for HK$1.45 billion, in city’s priciest sale this year

Raymond Lee Man Chun, a veteran real estate investor and co-founder of Lee & Man Paper Manufacturing, paid HK$1.45 billion to buy 8 Headland Road in Repulse Bay from AIA, according to company records and Land Registry data.

24 Apr 2019 - 11:34AM

Raymond Lee Man Chun, a veteran real estate investor and co-founder of Lee & Man Paper Manufacturing, paid HK$1.45 billion to buy 8 Headland Road in Repulse Bay from AIA, according to company records and Land Registry data.

Hong Kong paper tycoon Raymond Lee buys Repulse Bay property for HK$1.45 billion, in city’s priciest sale this year
No takers for Sun Hung Kai Properties’ Park Yoho Napoli project in Yuen Long

Sun Hung Kai Properties, Hong Kong’s largest developer by market value, manages to sell only six flats on the first day of Easter holiday, as cautious buyers wait on the sidelines.

21 Apr 2019 - 11:50AM

Sun Hung Kai Properties, Hong Kong’s largest developer by market value, manages to sell only six flats on the first day of Easter holiday, as cautious buyers wait on the sidelines.

No takers for Sun Hung Kai Properties’ Park Yoho Napoli project in Yuen Long
New World Development takes Hong Kong lifestyle to another level, set to launch priciest serviced apartments

New World Development plans to lease apartments at K11 Artus in Tsim Sha Tsui for HK$167 per sq ft.

19 Apr 2019 - 1:02AM

New World Development plans to lease apartments at K11 Artus in Tsim Sha Tsui for HK$167 per sq ft.

New World Development takes Hong Kong lifestyle to another level, set to launch priciest serviced apartments
Investors, developers eye Hong Kong industrial buildings built before 1987 after city relaxes conversion policy

Property owners, investors and developers are taking advantage of a policy relaxation by the government, which permits the conversion of old industrial buildings into office blocks, to generate higher rents and resale prices.

10 Apr 2019 - 11:33AM

Property owners, investors and developers are taking advantage of a policy relaxation by the government, which permits the conversion of old industrial buildings into office blocks, to generate higher rents and resale prices.

Investors, developers eye Hong Kong industrial buildings built before 1987 after city relaxes conversion policy
CK Asset to extend leases to 18-months for selected rooms at four hotels as rental market softens

The new leases will apply to 50 rooms at hotels in Ma On Shan, Hung Hom and Kwai Chung.

9 Apr 2019 - 7:08AM

The new leases will apply to 50 rooms at hotels in Ma On Shan, Hung Hom and Kwai Chung.

CK Asset to extend leases to 18-months for selected rooms at four hotels as rental market softens
Hong Kong developers vow to sell 20 per cent of housing estate flats on the open market, yielding to criticism of unfair tender process

The decision by the Real Estate Developers Association was sharply criticised for not going far enough.

5 Apr 2019 - 6:38AM

The decision by the Real Estate Developers Association was sharply criticised for not going far enough.

Hong Kong developers vow to sell 20 per cent of housing estate flats on the open market, yielding to criticism of unfair tender process
Hong Kong finance firm comes up with loan scheme targeting Gen Z ease their way into a world of soaring rents

United Asia Finance’s “New Renter’s Loan” is targeted at renters of new flats that provides individuals with a maximum of HK$200,000 to ease their initial financial burden.

4 Apr 2019 - 5:24PM

United Asia Finance’s “New Renter’s Loan” is targeted at renters of new flats that provides individuals with a maximum of HK$200,000 to ease their initial financial burden.

Hong Kong finance firm comes up with loan scheme targeting Gen Z ease their way into a world of soaring rents
Hong Kong developers should offer cheap new flats on open market instead of going through opaque tender process, industry guild warns

The Real Estate Developers Association said a recent spike in sales through tender amid bleak market conditions is ‘not what we want to see’.

3 Apr 2019 - 8:01AM

The Real Estate Developers Association said a recent spike in sales through tender amid bleak market conditions is ‘not what we want to see’.

Hong Kong developers should offer cheap new flats on open market instead of going through opaque tender process, industry guild warns
Hong Kong’s impending vacancy tax unlikely to derail new-found housing price momentum

Legislative Council started discussions on the vacancy tax on Monday, which was proposed by Hong Kong Chief Executive Carrie Lam in June in a bid to curb runaway housing prices.

2 Apr 2019 - 6:46PM

Legislative Council started discussions on the vacancy tax on Monday, which was proposed by Hong Kong Chief Executive Carrie Lam in June in a bid to curb runaway housing prices.

Hong Kong’s impending vacancy tax unlikely to derail new-found housing price momentum
Hong Kong’s February home prices rise for a second month, showing end of market correction

Homebuyers want to enter the market before prices rise further, say market observers as property prices rise 1.6 per cent in the first two months of 2019.

29 Mar 2019 - 11:19PM

Homebuyers want to enter the market before prices rise further, say market observers as property prices rise 1.6 per cent in the first two months of 2019.

Hong Kong’s February home prices rise for a second month, showing end of market correction
‘Banks are confident in our future’, says chairman of SHKP after the developer secures US$2.6 billion syndicated loan
  • Sun Hung Kai Properties secures HK$20 billion syndicated loan for general working capital; says contracted sales have topped HK$51 billion since July 1
29 Mar 2019 - 7:00AM
  • Sun Hung Kai Properties secures HK$20 billion syndicated loan for general working capital; says contracted sales have topped HK$51 billion since July 1
‘Banks are confident in our future’, says chairman of SHKP after the developer secures US$2.6 billion syndicated loan
Former Hong Kong airport site sells at low end of expectations, signalling caution as major developers scout for residential land

The largest residential site at the former Kai Tak airport has been sold to a consortium of four major developers for HK$9.89 billion (US$1.26 billion)

28 Mar 2019 - 4:57PM

The largest residential site at the former Kai Tak airport has been sold to a consortium of four major developers for HK$9.89 billion (US$1.26 billion)

Former Hong Kong airport site sells at low end of expectations, signalling caution as major developers scout for residential land
Hong Kong developer Chinachem’s Sol City project met with weak demand despite discounted prices

Sales at Hong Kong property developer Chinachem Group’s Sol City development got off to a slow start, and only a fifth of the 148 units on offer were sold, suggesting a correction in Hong Kong’s property market is far from over.

27 Mar 2019 - 12:25AM

Sales at Hong Kong property developer Chinachem Group’s Sol City development got off to a slow start, and only a fifth of the 148 units on offer were sold, suggesting a correction in Hong Kong’s property market is far from over.

Hong Kong developer Chinachem’s Sol City project met with weak demand despite discounted prices
Swire Pacific posts record sales and 80 per cent jump in 2018 profit, marking a successful handover of reins to family scion

Swire’s 2018 profit helped by turnaround in financial performance of Cathay Pacific Airways and disposals of non-core assets after Merlin Swire, sixth-generation descendant of group’s founder, took over as chairman.

15 Mar 2019 - 12:13AM

Swire’s 2018 profit helped by turnaround in financial performance of Cathay Pacific Airways and disposals of non-core assets after Merlin Swire, sixth-generation descendant of group’s founder, took over as chairman.

Swire Pacific posts record sales and 80 per cent jump in 2018 profit, marking a successful handover of reins to family scion
Hong Kong property agents drum up demand for car parking spaces in Greater Bay Area, tout low investment of US$30,000

Prices of parking bays in Zhongshan, a city in the Greater Bay Area, have witnessed a spike in recent transactions.

13 Mar 2019 - 8:36AM

Prices of parking bays in Zhongshan, a city in the Greater Bay Area, have witnessed a spike in recent transactions.

Hong Kong property agents drum up demand for car parking spaces in Greater Bay Area, tout low investment of US$30,000