A luxury flat in Hong Kong’s Kowloon Tong district is one of the latest to have found a buyer amid a rosier outlook for the city’s residential property market. The HK$225 million (US$28.9 million) property in Tower 6 of Mont Verra was bought by Elbe Rhein Investment on December 12 and the transaction was registered…
Currently serving as chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties, Bradley will expand his leadership portfolio to encompass the conglomerate’s airline and bottling operations, according to a Swire Pacific announcement on Tuesday. Healy, 59, will step down as executive director of Swire Pacific, chairman of both Cathay Pacific and Swire…
Currently serving as chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties, Bradley will expand his leadership portfolio to encompass the conglomerate’s airline and bottling operations, according to a Swire Pacific announcement on Tuesday. Healy, 59, will step down as executive director of Swire Pacific, chairman of both Cathay Pacific and Swire…
A luxury flat in Hong Kong’s Kowloon Tong district is one of the latest to have found a buyer amid a rosier outlook for the city’s residential property market. The HK$225 million (US$28.9 million) property in Tower 6 of Mont Verra was bought by Elbe Rhein Investment on December 12 and the transaction was registered…
Activity in Hong Kong’s ultra-luxury residential market is picking up, with Swire Properties selling two homes in Deep Water Bay for a whopping HK$2.2 billion (US$283 million). The two three-storey units at 6 Deep Water Bay Road had saleable areas of about 9,600 sq ft and 5,300 sq ft, with the transactions set to be…
Hong Kong’s annual Christmas street fair opened on Thursday with a blend of festive cheer and solemn remembrance, emphasising hope, community and courage in the wake of the recent Tai Po fire. Now in its 13th year, the White Christmas Street Fair spans Tong Chong Street, Taikoo Square and Taikoo Park. It is being held…
Major Hong Kong developers are considering a blanket ban on smoking for workers at all construction sites following the deadly Tai Po blaze that killed 159, with at least two already demanding that all their contractors impose the tough rule or step up penalties. The Real Estate Developers Association (REDA) told the Post on Friday…
A “highly dangerous” wartime bomb discovered in Hong Kong’s Quarry Bay on Friday was successfully disposed of after a nine-hour effort at around noon on Saturday. The defusing process, which started at 2am after evacuating some 6,000 residents from 18 buildings near the Pan Hoi Street construction site where the bomb was found, took longer…
A “highly dangerous” wartime bomb discovered in Quarry Bay on Friday is expected to be cleared by 2pm on Saturday, the Post has learned. A source familiar with the matter told the Post that officers from the Explosive Ordnance Disposal Bureau said the defusing process was still ongoing at 8.42am on Saturday. “The bomb’s shell…
FWD Hong Kong has signed a decade-long lease for 330,000 sq ft of office space in Taikoo Place, marking the largest office rental deal in the city this year, according to a joint statement from landlord Swire Properties and the insurer on Wednesday. The company would consolidate and expand its presence in the Devon House…