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影片: Hong Kong developers speed up new home sales at heavy discounts | HK Weekend Property Market Recap
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Is Victor Li the next Superman, and can he outdo his father Li Ka-shing as he leads CK Asset into a new era?
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Mingtiandi
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In this edition of Mingtiandi’s regional news roundup, Alibaba’s Lazada e-commerce unit leases an expanse of Singapore office space, China plugs loopholes exploited by buyers to load up on multiple properties, and Hyundai mulls a major design change for its planned Seoul headquarters.
Singapore’s ARA Asset Management and its partners from the UK’s Chelsfield have cashed in on the upswing in Singapore’s e-commerce market by leasing more than half of a recently renovated office project to a unit of Alibaba.
Lazada, an online marketplace owned by the mainland e-commerce giant, has leased 140,000 square feet (13,006 square metres) at 5One Central in Bras Basah, according to recent leasing data. ARA and Chelsfield had teamed up to buy the 241,000 square foot project (then known as the Manulife Centre) for $408.8 million in early 2019.
Hong Kong: 3 residential sites to be sold
(To watch the full media session with sign language interpretation, click here.)
The Government will sell three residential sites by tender in the January-March quarter that will provide about 2,240 flats.
Announcing the quarterly land sale programme for the fourth quarter of 2020-21 today, Secretary for Development Michael Wong said one of the residential sites is in the Kwu Tung North New Development Area and the other two are at the Peak and in Kai Tak.
He noted that the Kwu Tung North site is the first to be sold by tender in the new development area and can provide 1,330 units.
MTRC invites tenders for Wong Chuk Hang Station stage five project
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