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

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.

6 hours ago

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 - 6:37AM

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 - 3:48PM

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
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.

3 Apr 2019 - 9:47AM

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