Growth in Guangdong

February 15, 2010 - Guangzhou

Developers Sun Hung Kai recently hosted a Finance and Economics Forum to discuss Guangzhou’s rapidly developing economy.

Sun Hung Kai emphasised the tremendous growth potential for real estate and related industries in the province, which has already charted rapid development over the past few years.

The first three quarters of 2008 saw real estate investment reach US$29.7 billion in Guangdong, a year on year increase of 25.8 percent compared with 2007.

$39 Million Penthouses sets record in Hong Kong luxury property

September 19, 2009 - Hong Kong

Two penthouses in Hong Kong were each put on sale for a record 38.5 million US dollars.

As demand surges for luxury apartments,Sun Hung Kai Properties, the world’s largest developer by market value, has raised the price of two penthouses in Hong Kong by 50 percent to a record $HK75,000 ($11,075) per square foot.

The penthouses, on the 91st to 93rd floor of the 270-meter (886-feet) towers, have six bedrooms along with their own outdoor garden and swimming pool.