More than 2,000 people left homeless last week by Hong Kong’s deadliest fire in decades have been settled in temporary housing and hotels, while some residents are choosing to stay with friends and relatives after deeming the offered locations too remote. Undersecretary for Home and Youth Affairs Clarence Leung Wang-ching said on Monday that 2,000…
Sino Group and New World Development announced on Thursday that the sale of 150 units at One Park Place in Yau Tong and 63 units at the Austin Bohemian project in Yau Ma Tei, respectively, would be deferred. Both Sino Group and NWD did not disclose the reason for the postponement or when sales would…
Regal Hotels International will offer free lodging at a dozen of its hotels across Hong Kong to the victims of Wednesday’s Tai Po fire, as it joins other hoteliers and corporate donors in rushing to the aid of the city’s worst blaze in seven decades. The hotel will make 160 rooms freely available to those…
People from all walks of life in Hong Kong rallied in support of victims of the city’s deadliest fire in decades, with aid ranging from millions in cash donations by major business groups to grass roots efforts by civilians delivering essential supplies. The fire that erupted in seven blocks in Wang Fuk Court in Tai…
Hong Kong developer Sino Land on Wednesday said its net profit for the financial year that ended on June 30 fell from a year earlier as strong residential sales were offset by lower rental income and falling occupancies. After taking into account a one-time loss of HK$1.08 billion (US$138.7 million) from the revaluation of its…
The Fullerton Hotel in Singapore, one of the properties owned by Hong Kong-based Sino Group. Courtesy of Sino Group Daryl Ng, the eldest son of billionaire Robert Ng, is taking the helm at Sino Group, whose Hong Kong-listed real estate companies are valued at HK$127.7 billion ($16 billion), after his father steps down at the…