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Hong Kong-based Swire Properties and its Thai partner City Realty are making an aggressive sales push with wealthy Hongkongers as they promote Upper House-branded residences in Bangkok. With more than 100 flats worth 10 billion baht (US$298 million) sold since the launch in May, the two towers – called the Upper House Residences Bangkok and The Wireless Residences by Upper House...

Tender submission for the Urban Renewal Authority’s (URA) To Kwa Wan Road/Wing Kwong Street development scheme closed after 12pm on Wednesday, with the authority announcing that 3 submissions had been received. Consortia that submitted tenders for the development project included CK Asset and China Overseas Land & Investment, while Sino Land partnered with Great Eagle for th...

New residential projects in the Greater Bay Area, including Wellspring by Hong Kong’s New World Development, are offering special promotions exclusively for Hong Kong homebuyers following the opening of the new Huanggang Port, according to agents. “The number of property viewers from Hong Kong has risen by about 40 per cent compared to the period before the opening of the new Hu...

A Taiwanese bank’s deal to lease a large office space in West Kowloon adds to momentum in Hong Kong’s office sector, where financial institutions have become the most active source of leasing activity. E.Sun Commercial Bank plans to relocate its Hong Kong office to International Gateway Centre (IGC), taking about 55,000 square feet (5,110 square metres), according to two sources...

After 17 years of intermittent government-led initiatives to turn the Siu Lek Yuen industrial area into residential housing, a company recently applied to convert two industrial buildings on the site into 928 residential flats. The move would offer a more viable and profitable path forward for developers because even though Hong Kong’s residential property market was cooling, in...