Luxury Real Estate Blog and News

Hong Kong property tycoon Lee Shau-kee officially passes baton to sons

May 30, 2019 - Hong Kong
Lee Shau Kee, the city’s second-richest man, announced his plans to step down as chairman of Henderson Land Development Co. Tuesday.

Over HKD 2.2 billion premium paid for office development on King Wah Road plot

December 30, 2016 - North Point
Henderson Land Development has agreed to pay a land premium of HKD 2.218 billion, or HKD 6,728 per sq ft of GFA, for the change of land use right of the ex-Asia Cold Storage site on King Wah Road.

Sheung Wan site sold at HKD 22 million loss

October 18, 2016 - Sheung Wan
Henderson Land Development has recently bought a construction site at 1-4 Ladder Street, Sheung Wan from another developer for a price of HKD 111 million, or HKD 7,762 per sq ft of permissible GFA.

Buyer walks away from HK$88 million deal at 39 Conduit Road in Hong Kong

October 14, 2015 - Mid Levels Western
Negative news about Hong Kong’s housing sector continues to abound, with a buyer walking away from closing a purchase at the 39 Conduit Road luxury development in Western Mid-Levels.

Luxury Hong Kong land plot sells for record 233 million US dollars

May 20, 2010 - The Peak
A plot of luxury Hong Kong land went for a record price at auction Tuesday, defying an effort by the government to temper the top end of the real-estate market.