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K Wah International
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K Wah International

K Wah International
K Wah International
K Wah International Holdings invests in and develops real estate in Hong Kong, China, and Southeast Asia. It owns a controlling stake in K Wah Construction Materials, which sells and distributes concrete pipes and aggregates; and makes and distributes ready-mixed concrete and precast concrete products.
General view of the Pavilia Farm in Tai Wai. Photo: Google
Hong Kong property

Developers line up 1,300 Hong Kong flats as sentiment improves, prices tick higher

New projects across the city draw steady demand, with selective price increases reflecting improved homebuying sentiment.

Hong Kong property

Brisk flat sales at Hong Kong project as buyers unfazed by potential rate hikes

Hong Kong property

Hong Kong developers test homebuyers with price increases after sell-outs

Hong Kong property

La Mirabelle sells in hours as developers ramp up sales, buyers fret over rates

All 254 Tseung Kwan O flats snapped up as developers step up supply and demand stays firm.

La Mirabelle in Harbour Bay is to be developed in two phases, each comprising about 1,200 units, for a total of 2,550 units. Photo: Handouit
Hong Kong economy

Hong Kong tycoons say Middle East outlook remains promising despite conflict

New World scion Adrian Cheng highlights city’s status as safe haven for capital; K Wah’s Francis Lui says property and stocks holding firm.

Hong Kong property

Hong Kong home sales head for 22-year high as developers test price resilience

Deep discounts that were offered by developers to reduce unsold inventory may be a thing of the past, analysts say.

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Hong Kong property

Kerry Properties secures Hong Kong’s latest residential plot for US$177 million

Kerry beat seven bidders for the rights to develop a residential project on the 1,349-square-metre parcel in the Eastern district.

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View of the former Shau Kei Wan Market at Shau Kei Wan Main Street East. Kerry Properties won the tender for the residential site on Monday. Photo: Edmond So
Hong Kong property

Hong Kong land fetches US$230 million as Chinese developer outbids city rivals

China Overseas Land & Investment beats eight rivals to secure a 50-year lease for a 33,712 sq ft housing plot in Ngau Tau Kok.

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Hong Kong property

Hong Kong homebuyers keep up demand as new launches draw brisk sales

Two-thirds of Park Seasons’ latest batch sold by midafternoon on Saturday, while Kabitat Tin Hau sold out a day earlier.

Hong Kong property

Hong Kong’s Sino Land and Great Eagle secure Kowloon site for US$206 million

Acquisition of 41,226 sq ft plot – which could yield 570 homes – reflects confidence in the property market’s recovery as sales rebound.

Sino Land says the site will benefit from an extensive transport network and strong connectivity to major commercial hubs. Photo: Jelly Tse
Hong Kong property

Chinachem secures plot in Hong Kong’s Tsuen Wan for US$318 million

Private developer outbids eight others for the site, which is expected to yield 780 flats.

The site is near the Tsuen Wan West MTR station. Photo: Google Maps
Hong Kong property

Hong Kong property: Grand Mayfair III, Woodis see brisk sales as market picks up

Buyers acquired 71 of 138 units by late Sunday afternoon at the 680-unit Grand Mayfair III project led by Sino Land.

Hong Kong

Great Eagle insiders snap up 6 residential units as Hong Kong market improves

Two units at Emperor Group’s MVP project in Mid-Levels were bought by Rising Dynamic and Rising Joyful for a total of HK$20.3 million.

Hong Kong property

Sino Land chairman Daryl Ng sees positive signs for Hong Kong’s property market

It is heartening to see strong sales performance for new developments across various districts, Daryl Ng says.

Daryl Ng Win Kong, chairman of Sino Land, speaks to the media after the company’s annual general meeting on Wednesday. Photo: Handout
Hong Kong property

Grand Mayfair III sells all units amid stabilising Hong Kong property market

The developers priced the units at an average of HK$13,938 (US$1,795) per square foot, about 20 per cent cheaper than the first phase.

Potential buyers wait to buy flats in the Grand Mayfair III residential development in Yuen Long on Monday. Photo: Handout
Hong Kong property

Hong Kong developer Great Eagle’s executives jointly acquire US$1.5 million flat

Rising Thrive, an entity linked to Great Eagle’s executives, bought a 773 sq ft flat in Grand Mayfair in Kam Tin South.

Hong Kong property

K. Wah International prices new Tin Hau units at higher level than neighbour

Kabitat Tin Hau project is located at 33 King’s Road and is near an MTR station, firm says.

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Hong Kong property

Hong Kong builders rush to sell 200 flats amid rate-cut optimism

After more than two years of new flats selling for less than second-hand units, the price gap has started to narrow, analyst says.

A view of Villa Garda, developed by Sino Land, in Lohas Park. Photo: Sun Yeung
Sino Land Co

Sino Land wins Tuen Mun land tender with HK$1 billion bid as market improves

The transaction marks the Hong Kong government’s first residential plot sale this financial year.

Hong Kong property

Buyers forfeit deposits on Grand Mayfair project after market slump

Buyers of 19 flats in Yuen Long project cancelled their contracts on Tuesday, project developers say.

Macau

Macau’s Galaxy boss: open Hengqin Island to address hotel shortage

Development of the island, which is three times Macau’s size, would boost the economy and its diversification, Francis Lui Yiu-tung says.

According to Galaxy’s estimates, Macau needs at least 15,000 more hotel rooms. Photo: Shutterstock
Hong Kong property

4 Hong Kong developers submit bids for Tung Chung residential land

Government put the plot on the market in 2023 but withdrew it when bids were judged to be underwhelming.

Bernadette Linn Hon-ho, the secretary for development. Photo: Jonathan Wong
Casinos

Galaxy Entertainment names founder Lui Che-woo’s son as chairman

Francis Lui, 69, has been the deputy chairman of the company since 1997.

Hong Kong property

Lui Che-woo, property and casino magnate of K. Wah and Galaxy, dies at 95

Lui, the chairman of the K. Wah Group of companies, died peacefully on November 7, according to filings to the Hong Kong stock exchange by his companies.

Hong Kong property

Developers entice Hong Kong homebuyers with discounts in weekend sale bonanza

Most of the new units on Saturday came from Villa Garda III in Tseung Kwan O, which sold 73 of the 138 put up for sale.

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The construction site at Villa Garda I in Lohas Park – developed by Sino Land, K Wah International and China Merchants Land – seen on June 25, 2022. Photo: SCMP / Sun Yeung
Hong Kong property

K Wah’s profit falls by more than half amid Hong Kong’s higher interest rates

K Wah, the property developer owned by one of Macau’s biggest casino owners, said its first-half profit declined by more than half after Hong Kong’s elevated interest rates dampened demand for homes.

Hong Kong’s Kowloon peninsula. It ‘is well positioned to prudently capture any opportunities in Hong Kong and the mainland’, K Wah says. Photo: Elson Li
China property

Earnings shrink at state-backed COLI, Poly Property amid rout in home sales

Covid-19 lockdowns, ‘three red lines’ policy and other economic challenges contributed to weaker profits amid the housing industry’s worst slump since 1998.

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Hong Kong property

Tuen Mun site bids rejected as premiums come below reserve price

The Hong Kong government rejected all five bids received for a 1.3 million square feet residential site in Tuen Mun, as all tenders came in below the reserve price.

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