Adriel Chan – Charm

Hong Kong’s SHKP rolls out 350 Sierra Sea flats after sell-outs in world’s priciest market

8 months ago02 mins

Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, puts another 350 units on sale in its Sierra Sea project after four rounds of sold-out flats in January, reflecting returning buyer appetite in the world’s most expensive property market. The batch at phase 2B included 244 two-bedroom and 106 three-bedroom units, with…

Hang Lung flags ‘tough slog’ for property, as it looks to mainland malls for growth

8 months ago02 mins

Hong Kong developer Hang Lung Properties is pinning its medium-term outlook on a recovery in mainland Chinese consumption, even as it warned that both the city’s and China’s property markets remain under strain. The commercial landlord, residential developer and hotel owner said it expected a “tough slog” for the broader sector despite signs of improvement…