In a single day, YOHO WEST at Tin Yau Station sold 9 units, generating over HKD 53 million.

NWD (00016.HK) and MTR (00066.HK) collaborated to develop the YOHO WEST at Tin Shui Wai's Tin Wing Station, which recorded 9 successful bids today (17th), generating over 53 million dollars in cash. All units sold in this auction were two-bedroom layouts, located in blocks 2A and 2B, with usable areas ranging from 410 to 468 square feet, and transaction amounts from 5.5368 million to 6.375 million dollars, with per-square-foot prices ranging from 13,077 to 14,000 dollars. Among them, the highest price unit is unit B3 on the 41st floor of block 2B, with a usable area of 468 square feet, sold for 6.375 million dollars.

AASTOCKSJul 17 17:54

Sun Hung Kai Properties Stock Climbs 1.6% in Hong Kong, Outperforms Competitors

Dow JonesJul 17 16:32

Gao Li from "Hong Kong Building" stated that local commercial tenants are adopting a more cautious attitude, with cost optimization remaining the primary consideration.

Colliers released the "Hong Kong Office Tenant Survey 2025," which highlights that amidst continuing fluctuations in the global economic environment, Hong Kong office tenants remain cautious and actively seek strategies of "trading less for more" to cope with challenges. The latest results show that corporate sentiment is leaning towards caution, with 31% of respondents holding a negative outlook on business prospects for the next 12 months, exceeding the 28% with a positive outlook for the first time. Nevertheless, 41% of respondents maintain a neutral stance, reflecting overall market stability but caution. The survey indicates that 55% of tenants plan to maintain their current office space, 27% intend to downsize, while 18% are considering expansion. Among those intending to reduce office space, tenants...

AASTOCKSJul 16 14:28

National Bureau of Statistics: From January to June, nationwide Real Estate development investment reached 4665.8 billion yuan, a year-on-year decrease of 11.2%.

More news, ongoing updates.

wallstreetcnJul 15 10:03

New World Development (00016.HK) has named the mall in its Kwun Tong Kau Ming Street project as 'Sanbume' and expects it to open by the end of the year.

New World Development (00016.HK) and TRANSPORT INT'L (00062.HK) have named the shopping mall portion of their project at 98 Kowloon Bay, Kowloon, as "Scramble Hill". New World Executive Director Feng Xiu Yan revealed that the mall will be 10 stories high, with a floor area of approximately 0.5 million square feet, and will feature over 180 shops, some of which have already opened. It is expected that most merchants will gradually open before the end of this year. She anticipates that the target customer group for the new mall will be young people and families, and it will not compete with the existing apm in the area.

AASTOCKSJul 14 09:29

Citi's investment ratings and Target Price for Hong Kong real estate stocks and REITs (table).

Citi released a research report, listing the latest investment ratings and Target Prices for Hong Kong real estate stocks and REITs as follows: Stock | Investment Rating | Target Price (HKD) WHARF HOLDINGS (00004.HK) | Sell | 18.8 SHK PPT (00012.HK) | Buy | 25.6 HYSAN DEV (00014.HK) | Buy | 14 NEW WORLD DEV (00017.HK) | Sell | 4 SINO LAND (00083.HK)

AASTOCKSJul 11 12:26