Potential homebuyers visit the sales launch of Sun Hung Kai Properties’ Mount Regency project on May 12, 2018. Photo: Xiaomei Chen
Potential homebuyers visit the sales launch of Sun Hung Kai Properties’ Mount Regency project on May 12, 2018. Photo: Xiaomei Chen

‘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 (US$2.55 billion) syndicated loan for general working capital
  • Since the start of the financial year beginning July 1 the company’s contracted sales have exceeded HK$51 billion
  • SHKP has spent HK$42.63 billion on three residential plots since 2018, becoming the single largest purchaser of land at government tender

Potential homebuyers visit the sales launch of Sun Hung Kai Properties’ Mount Regency project on May 12, 2018. Photo: Xiaomei Chen
Potential homebuyers visit the sales launch of Sun Hung Kai Properties’ Mount Regency project on May 12, 2018. Photo: Xiaomei Chen
READ FULL ARTICLE