Reach Summit, located a 15-20 minute walk from the Long Ping MTR station, is due to be completed in September next year. Photo: Winson Wong

Hong Kong developer Henderson Land sells a third of 101 units at Yuen Long project

  • Apartments offered at HK$16,088 per square foot, an increase of 1.3 per cent over launch average price
  • A ‘reasonable sales result’, says industry observer
Topic |   Hong Kong property

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Reach Summit, located a 15-20 minute walk from the Long Ping MTR station, is due to be completed in September next year. Photo: Winson Wong
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Henderson Land’s Lee Shau-kee is seen here with his sons Peter Lee Ka-kit, left, and Martin Lee Ka-shing, both vice-chairmen at the company. Lee suggested on Wednesday he was considering stepping down and handing control to his sons. Photo: Bruce Yan

Hong Kong developers Henderson Land, K Wah International report small increases in profit, are optimistic about 2019

  • Henderson Land’s profit attributable to equity shareholders stood at HK$31.16 billion
  • K Wah International said its profit attributable to equity shareholders stood at HK$4.04 billion
Topic |   Hong Kong property

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Henderson Land’s Lee Shau-kee is seen here with his sons Peter Lee Ka-kit, left, and Martin Lee Ka-shing, both vice-chairmen at the company. Lee suggested on Wednesday he was considering stepping down and handing control to his sons. Photo: Bruce Yan
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