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05.12.25 - 10:18
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Hang Seng Bank co-founder′s kin pays US$9.3 million for Hong Kong luxury flat (SCMP)
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Sun Hung Kai Properties' (SHKP) luxury residential projects in North Point and Mid-Levels have attracted well-heeled buyers, including a granddaughter of Hang Seng Bank's co-founder, who snapped up a flat for HK$72 million (US$9.3 million), according to official records.
Magdalene Ho Mai-ting bought the flat in Dynasty Court in Mid-Levels, one of Hong Kong's upmarket neighbourhoods, according to Land Registry records, which showed the deal was registered on Wednesday.
Ho is the granddaughter of......
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18.11.25 - 14:36
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Chinachem secures plot in Hong Kong′s Tsuen Wan for US$318 million (SCMP)
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Chinachem Group has secured a 70,127 sq ft site in Tsuen Wan in the New Territories for more than HK$2.47 billion (US$318 million), beating eight other bidders, according to the Lands Department.
The other bidders were Sun Hung Kai Properties, CK Asset Holdings, Henderson Land Development, Great Eagle Holdings, China Overseas Land & Investment, K. Wah International Holdings, Wheelock Properties and a consortium of Sino Land, Kerry Properties and China Merchants Land.
The award gives Chinachem –......
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14.11.25 - 11:48
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Hong Kong′s top developers vie for rare Tsuen Wan site in test of land market (SCMP)
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Nine groups, including some of Hong Kong's largest developers – Sun Hung Kai Properties (SHKP), CK Asset Holdings, Henderson Land and Chinachem Group – have submitted offers for a 70,127 sq ft parcel in Tsuen Wan in the New Territories.
The Lands Department received the bids by noon on Friday, the deadline for the tender that began on September 26, according to a spokeswoman, who did not provide further details.
The developers confirmed their participation in the tender to the Post.
The site at......
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13.11.25 - 09:07
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SHKP′s Cullinan Sky property project a hit with mainland and Hong Kong buyers (SCMP)
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Homebuyers on Thursday snapped up all units at a Sun Hung Kai Properties (SHKP) residential project in Kai Tak, with mainland Chinese investors accounting for nearly half of the transactions, agents said.
SHKP offered 62 units in the first round of sales in the second phase of Cullinan Sky in Kai Tak.
The batch included 56 one-bedroom units and six two-bedroom flats, ranging from 297 to 482 sq ft. The prices ranged from HK$6.6 million (US$849,500) to HK$15.1 million, or HK$21,713 to HK$33,500......
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06.11.25 - 13:06
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SHKP unit Mega Asia wins tender for MTR′s Tuen Mun site (SCMP)
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Sun Hung Kai Properties (SHKP), Hong Kong's largest developer, edged five other bidders to win the tender for a parcel of land in the New Territories, a residential development that is expected to cost about HK$6 billion (US$772 million).
The tender for the Tuen Mun A16 station package one property development, which closed on Wednesday, was awarded to SHKP subsidiary Mega Asia International, MTR Corp said on Thursday, without disclosing the winning bid amount.
The package one development, with......
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06.11.25 - 10:45
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HK Home: SHKP Wins MTRs Tuen Mun A16 Station Property Development Phase 1 (AAStocks)
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MTR CORPORATION (00066.HK) announced today (6th) that the contract for the Tuen Mun A16 Station Property Development Phase 1 has been successfully awarded to Mandarin International Limited, a subsidiary of SHK PPT (00016.HK).MTR stated that SHKP is a large-scale and reputable property development company, which has participated ......
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05.11.25 - 13:36
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Li Ka-shing′s CK Asset, SHKP among six bidders for MTR′s Tuen Mun site (SCMP)
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CK Asset Holdings, the flagship company of Hong Kong tycoon Li Ka-shing, and Sun Hung Kai Properties (SHKP), the city's largest developer, are two of six bidders for a parcel of land in the New Territories that is estimated to provide 1,280 residential units and car park spaces.
MTR Corp, one of the city's major property developers and landlords, put up the Tuen Mun A16 Station package one property development for tender. The site, measuring more than 601,100 square feet, is situated near the......
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19.09.25 - 15:12
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Hong Kong fencer Cheung Ka-long buys HK$16 million flat as market recovers (SCMP)
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Hong Kong's Olympic fencing champion Cheung Ka-long has bought a HK$16 million (US$2.05 million) flat in New Territories, joining a host of celebrities snapping up homes amid signs of a recovery in the property market.
Cheung paid HK$17,300 per square foot for the 932 sq ft three-bedroom flat at Sun Hung Kai Properties' St Martin project in Tai Po's Pak Shek Kok by tender in July, according to the first-hand transactions register. The registered buyer of the property is Cheung Ka-long, who is......
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05.09.25 - 13:12
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Analysts mixed on outlook for Sun Hung Kai Properties′ shares (SCMP)
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Analysts said they had mixed views about Sun Hung Kai Properties' (SHKP) shares after Hong Kong's largest property developer by market capitalisation reported a slight increase in its full-year earnings.
On Friday, Morningstar cut its price target for SHKP to HK$105 from HK$115, but said the company was trading at a good discount. UOB Kay Hian and Morgan Stanley said the earnings were largely in line with expectations. The US investment bank had an overweight recommendation and expected earnings......
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21.08.25 - 08:18
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Sun Hung Kai & Co. Reports Strong Interim Results (Bloomberg)
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Hong Kong-listed investment firm Sun Hung Kai & Co. has reported a tenfold increase in first-half profit, with the strong recovery driven by its investment management business. Executive Director and Deputy CEO Tony Edwards says the company plans to invest more in alternatives despite the challenging environment. He speaks exclusively on "Bloomberg: the China Show." (Source: Bloomberg)...
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13.07.25 - 12:42
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Hong Kong property buyers snap up most flats at Novo Land and 9 Eastern Street (SCMP)
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Buyers flocked to two new residential projects on Sunday, buoyed by an ongoing stock market rally and low interest rates – signalling a sustained rebound in Hong Kong's property market.
Developer Million Nice (Hong Kong) sold 62 of the 69 units at 9 Eastern Street in Sai Ying Pun, according to agents. Meanwhile, Sun Hung Kai Properties (SHKP) sold all 110 units in the third round of sales at Novo Land phase 3A in Tuen Mun.
9 Eastern Street consists of 76 units, with sizes from 249 sq ft to 508......
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05.07.25 - 12:00
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SHKP Tuen Mun project sells out, signalling rebound in property market (SCMP)
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All 160 units of a new residential project by Sun Hung Kai Properties (SHKP) in Tuen Mun sold out on Saturday, buoyed by a recovering stock market and low interest rates, a sign that Hong Kong's property market may be seeing a sustained rebound, according to analysts.
The first round of sales for Novo Land Phase 3A offered 160 units at listed prices, with an additional five units available by tender. Prices started at under HK$3 million (US$382,173) for a three-bedroom flat. All available units......
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