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

Great Eagle launches Ontolo, first residential project in 29 years, at lowest prices in Tai Po after getting land for record-low five years ago

The commercial builder shocked the market in 2014 by winning the tender for the waterfront site for HK$3,300 per sq ft, 17 per cent below forecasts

3 hours ago

The commercial builder shocked the market in 2014 by winning the tender for the waterfront site for HK$3,300 per sq ft, 17 per cent below forecasts

Great Eagle launches Ontolo, first residential project in 29 years, at lowest prices in Tai Po after getting land for record-low five years ago
Hong Kong’s prime office market wobbles as Chinese firms scale back amid trade war

Grade-A office rents slide 0.1 per cent in the second quarter as mainland firms turn cautious, slow paces of expansion.

11 Jul 2019 - 2:25PM

Grade-A office rents slide 0.1 per cent in the second quarter as mainland firms turn cautious, slow paces of expansion.

Hong Kong’s prime office market wobbles as Chinese firms scale back amid trade war
Fear of protests disrupting operations forces companies in Admiralty to look for co-working space

Inquiries from companies based in Admiralty for co-working space have risen amid uncertainty over the protests.

10 Jul 2019 - 7:00AM

Inquiries from companies based in Admiralty for co-working space have risen amid uncertainty over the protests.

Fear of protests disrupting operations forces companies in Admiralty to look for co-working space
Future Land reports property sales gain in June; company chairman and property tycoon Wang Zhenhua under investigation

Future Land reports 19 per cent increase in contracted sales for June as it wrestles with fallout from chairman’s arrest

8 Jul 2019 - 7:15AM

Future Land reports 19 per cent increase in contracted sales for June as it wrestles with fallout from chairman’s arrest

Future Land reports property sales gain in June; company chairman and property tycoon Wang Zhenhua under investigation
Hong Kong’s public rental flats no longer the bargain they once were as private sector prices spill over

A former subsidised rental flat on the Fung Tak Estate in Wong Tai Sin set a new record this week, selling for HK$8,795 per square foot.

7 Jul 2019 - 11:27PM

A former subsidised rental flat on the Fung Tak Estate in Wong Tai Sin set a new record this week, selling for HK$8,795 per square foot.

Hong Kong’s public rental flats no longer the bargain they once were as private sector prices spill over
Developer slashes prices of T-Plus flats by 38 per cent to get first-home buyers to give Hong Kong’s smallest abodes a look-in

Smallest flat of 128 square feet at the T-Plus project in Tuen Mun will be offered at a starting price of HK$1.73 million.

5 Jul 2019 - 12:08PM

Smallest flat of 128 square feet at the T-Plus project in Tuen Mun will be offered at a starting price of HK$1.73 million.

Developer slashes prices of T-Plus flats by 38 per cent to get first-home buyers to give Hong Kong’s smallest abodes a look-in
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.

20 Jun 2019 - 12:28PM

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