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

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
Wheelock sets a ‘conservative’ sales target of HK$10 billion this year after reporting 9 per cent rise in core profit

Modest underlying profit of HK$13.2 billion the reason for property, hotels and logistics investor to declare conservative target for this year

14 Mar 2019 - 9:18AM

Modest underlying profit of HK$13.2 billion the reason for property, hotels and logistics investor to declare conservative target for this year

Wheelock sets a ‘conservative’ sales target of HK$10 billion this year after reporting 9 per cent rise in core profit
Is Hong Kong’s most expensive property ever to go up for sale too costly for any single developer?

Developers may join consortiums to come up with enough cash and spread risk – and that may put a lid on the final sales price of site atop the West Kowloon high-speed rail terminus.

7 Mar 2019 - 1:04PM

Developers may join consortiums to come up with enough cash and spread risk – and that may put a lid on the final sales price of site atop the West Kowloon high-speed rail terminus.

Is Hong Kong’s most expensive property ever to go up for sale too costly for any single developer?
Mainland renters outpace Western tenants as biggest spenders for luxury rental homes in Hong Kong
  • Mainland corporate tenants accounted for 20 per cent of the high-end luxury residential leasing market last year, up from just 5 per cent in 2013
5 Mar 2019 - 9:54AM
  • Mainland corporate tenants accounted for 20 per cent of the high-end luxury residential leasing market last year, up from just 5 per cent in 2013
Mainland renters outpace Western tenants as biggest spenders for luxury rental homes in Hong Kong
Hong Kong’s Sino Land reports half-year profit of HK$2.37 billion, expects improved sales in second half

Analysts expect stronger home sales in the second half after earnings decline 73 per cent in July to December

28 Feb 2019 - 11:42PM

Analysts expect stronger home sales in the second half after earnings decline 73 per cent in July to December

Hong Kong’s Sino Land reports half-year profit of HK$2.37 billion, expects improved sales in second half
Mainland Chinese developers take redevelopment route to shore up Hong Kong land bank as they fail to win government tenders

Vanke Property (Hong Kong) was the most active company seeking to redevelop old buildings in Hong Kong last year.

1 Mar 2019 - 9:20AM

Vanke Property (Hong Kong) was the most active company seeking to redevelop old buildings in Hong Kong last year.

Mainland Chinese developers take redevelopment route to shore up Hong Kong land bank as they fail to win government tenders
Brace for up to 20 per cent decline in Hong Kong home prices, CK Asset senior director says

Home prices could drop by up to 20 per cent in the next 22 months, as outlook darkens, says CK Asset executive director.

13 Feb 2019 - 9:55AM

Home prices could drop by up to 20 per cent in the next 22 months, as outlook darkens, says CK Asset executive director.

Brace for up to 20 per cent decline in Hong Kong home prices, CK Asset senior director says
New ‘tiny home’ benchmark for Kowloon as developer rolls out Sham Shui Po project in layouts beginning at 129 sq ft

The 22-storey residential block in Sham Shui Po named AVA 228 will feature 160 units with sizes ranging from 129 sq ft to 249 sq ft

12 Feb 2019 - 10:15PM

The 22-storey residential block in Sham Shui Po named AVA 228 will feature 160 units with sizes ranging from 129 sq ft to 249 sq ft

New ‘tiny home’ benchmark for Kowloon as developer rolls out Sham Shui Po project in layouts beginning at 129 sq ft
Is Victor Li the next Superman, and can he outdo his father Li Ka-shing as he leads CK Asset into a new era?

Analysts say Victor Li, who has been frustrated by his attempts to acquire overseas assets because of protectionism, trade disputes and rising interest rates, has once again started looking at Hong Kong’s property market for reasonable returns on its investments.

26 Jan 2019 - 3:18PM

Analysts say Victor Li, who has been frustrated by his attempts to acquire overseas assets because of protectionism, trade disputes and rising interest rates, has once again started looking at Hong Kong’s property market for reasonable returns on its investments.

Is Victor Li the next Superman, and can he outdo his father Li Ka-shing as he leads CK Asset into a new era?
Start-ups’ desire to stay close to Central works to Sheung Wan’s advantage, says property investor
If you’re going to buy a house in Hong Kong, live in it, warns tycoon Li Ka-shing as he forecasts global slowdown

The city’s richest man warns against speculating in the property market and predicts slower global GDP growth in 2019

12 Jan 2019 - 6:49AM

The city’s richest man warns against speculating in the property market and predicts slower global GDP growth in 2019

If you’re going to buy a house in Hong Kong, live in it, warns tycoon Li Ka-shing as he forecasts global slowdown
Buyer of house on The Peak in Hong Kong walks away from deal – loses US$4.6 million deposit

The property was sold in December for US$92m.

11 Jan 2019 - 12:36PM

The property was sold in December for US$92m.

Buyer of house on The Peak in Hong Kong walks away from deal – loses US$4.6 million deposit
‘Government is crazy’: increase in mortgages for first-time Hong Kong homebuyers will boost debt, limit cooling measures

A possible increase in the amount first-time homebuyers can borrow as mortgage may encourage people in Hong Kong to chase expensive property, further driving up prices in the world’s most expensive property market, analysts have said.

8 Jan 2019 - 3:44PM

A possible increase in the amount first-time homebuyers can borrow as mortgage may encourage people in Hong Kong to chase expensive property, further driving up prices in the world’s most expensive property market, analysts have said.

‘Government is crazy’: increase in mortgages for first-time Hong Kong homebuyers will boost debt, limit cooling measures
Sino Land agrees to revise property agents fees to 2 per cent from January 1 at Grand Central

Sino Land says it will pay 1.7 per cent in fees for Grand Central flats sold last year instead of the standard 2.5 per cent

4 Jan 2019 - 12:15AM

Sino Land says it will pay 1.7 per cent in fees for Grand Central flats sold last year instead of the standard 2.5 per cent

Sino Land agrees to revise property agents fees to 2 per cent from January 1 at Grand Central
Correction in Hong Kong’s property market gathers speed as prices fall 3.5 per cent in November

The monthly home price index fell 3.5 per cent to 366.3 in November, up from 2.56 per cent in October

31 Dec 2018 - 5:37PM

The monthly home price index fell 3.5 per cent to 366.3 in November, up from 2.56 per cent in October

Correction in Hong Kong’s property market gathers speed as prices fall 3.5 per cent in November
China developer’s net profit at Hong Kong’s old Kai Tak airport to lose altitude amid turbulence in property market

Chinese developer’s profit runway is shortened by the comparatively higher price it paid for latest land parcel and the downturn in the city’s property market.

30 Dec 2018 - 10:36PM

Chinese developer’s profit runway is shortened by the comparatively higher price it paid for latest land parcel and the downturn in the city’s property market.

China developer’s net profit at Hong Kong’s old Kai Tak airport to lose altitude amid turbulence in property market
Creditor of vanished tycoon Ye Jianming says three floors in Hong Kong’s Convention Plaza worth minimum HK$1.79 billion

Hammer Capital believes three floors at Convention Plaza, controlled by missing tycoon Ye Jianming, should be valued at no less than HK$1.79 billion, or HK$36,000 per square foot.

28 Dec 2018 - 8:29AM

Hammer Capital believes three floors at Convention Plaza, controlled by missing tycoon Ye Jianming, should be valued at no less than HK$1.79 billion, or HK$36,000 per square foot.

Creditor of vanished tycoon Ye Jianming says three floors in Hong Kong’s Convention Plaza worth minimum HK$1.79 billion
Vanished oil tycoon Ye Jianming’s office floors in Hong Kong put on sale again within a month of failed auction

The three floors of office space at Convention Plaza in Wan Chai, for which CEFC paid a record HK$1.38 billion (US$180 million) in 2016, will be closed for tender on January 30

27 Dec 2018 - 10:45AM

The three floors of office space at Convention Plaza in Wan Chai, for which CEFC paid a record HK$1.38 billion (US$180 million) in 2016, will be closed for tender on January 30

Vanished oil tycoon Ye Jianming’s office floors in Hong Kong put on sale again within a month of failed auction
Hong Kong’s infatuation with multimillion-dollar shoebox homes is over as quickly as it began

Of the 1,549 micro-apartments built by 10 developers in Hong Kong since 2016, one in three remained unsold as of this week.

22 Dec 2018 - 9:44AM

Of the 1,549 micro-apartments built by 10 developers in Hong Kong since 2016, one in three remained unsold as of this week.

Hong Kong’s infatuation with multimillion-dollar shoebox homes is over as quickly as it began
Hong Kong’s race with Singapore to be Asia’s data centre hub gets another leg up as final site sells at 45 per cent premium to valuation

Deal sharpens the city’s competitiveness in a race with Singapore to be a regional smart city

13 Dec 2018 - 12:02AM

Deal sharpens the city’s competitiveness in a race with Singapore to be a regional smart city

Hong Kong’s race with Singapore to be Asia’s data centre hub gets another leg up as final site sells at 45 per cent premium to valuation
Link Reit sells a dozen suburban Hong Kong malls to consortium led by Gaw Capital for US$1.53 billion

The sale includes suburban shopping centres in Ap Lei Chau, Sha Tin and Tuen Mun

12 Dec 2018 - 10:58PM

The sale includes suburban shopping centres in Ap Lei Chau, Sha Tin and Tuen Mun

Link Reit sells a dozen suburban Hong Kong malls to consortium led by Gaw Capital for US$1.53 billion
Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive

Prices for tiny flats are expected to tumble as much as 30 per cent, compared with 10 per cent to 20 per cent for overall residential market

6 Dec 2018 - 11:35AM

Prices for tiny flats are expected to tumble as much as 30 per cent, compared with 10 per cent to 20 per cent for overall residential market

Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive
New York office rents catch up to Hong Kong – but Asian city remains world’s most expensive place to set up shop

Analysts say rents in Central, the world’s most expensive office district, could fall if the US-China trade war persists.

4 Dec 2018 - 11:25AM

Analysts say rents in Central, the world’s most expensive office district, could fall if the US-China trade war persists.

New York office rents catch up to Hong Kong – but Asian city remains world’s most expensive place to set up shop
Shenzhen tycoon quells talk of financial problems, says he’ll pay for early possession of house on The Peak

The deal will come at a discount of HK$70 million, or 3 per cent, lowering the cost to HK$2.03 billion.

1 Dec 2018 - 12:39AM

The deal will come at a discount of HK$70 million, or 3 per cent, lowering the cost to HK$2.03 billion.

Shenzhen tycoon quells talk of financial problems, says he’ll pay for early possession of house on The Peak
Young Hong Kong homebuyers bank on Bangkok property with eye on future purchases at home

Hong Kong millennials are increasingly investing in destinations like Bangkok, where real estate prices stand at just about a fifth of those in the special administrative region.

27 Nov 2018 - 7:48PM

Hong Kong millennials are increasingly investing in destinations like Bangkok, where real estate prices stand at just about a fifth of those in the special administrative region.

Young Hong Kong homebuyers bank on Bangkok property with eye on future purchases at home
Filipino tycoon Lucio Tan’s Hong Kong leasing business of 500 subdivided flats halts after breaching land lease rules

The authorities also order Tan’s Eton Properties to return the properties to their original design

19 Nov 2018 - 11:28PM

The authorities also order Tan’s Eton Properties to return the properties to their original design

Filipino tycoon Lucio Tan’s Hong Kong leasing business of 500 subdivided flats halts after  breaching land lease rules
Country Garden rolls out first batch of Hong Kong flats, pricing some units at below cost

The developer is preparing to release 110 flats at Altissimo in Ma On Shan, with prices starting at HK$13,887 per square foot for some units, below investment cost, analysts say.

18 Nov 2018 - 12:03PM

The developer is preparing to release 110 flats at Altissimo in Ma On Shan, with prices starting at HK$13,887 per square foot for some units, below investment cost, analysts say.

Country Garden rolls out first batch of Hong Kong flats, pricing some units at below cost
Sigh of relief as second plot on Hong Kong’s Kai Tak runway fetches more than first
Thailand opens its biggest luxury shopping playland – and looks to wealthy Chinese tourists to make it a hit

Iconsiam has ultra luxury brands like Louis Vuitton and Hermes, posh condos and – soon – even its own skytrain.

20 Nov 2018 - 10:43AM

Iconsiam has ultra luxury brands like Louis Vuitton and Hermes, posh condos and – soon – even its own skytrain.

Thailand opens its biggest luxury shopping playland – and looks to wealthy Chinese tourists to make it a hit
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