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Winning Accommodation Value per Square Foot for Residential Site in Tung Chung East Reclamation Area More Than Doubles from Last Year
The third private residential project in the Tung Chung New Town Extension (East) has been awarded to 𝐀𝐛𝐥𝐞 𝐄𝐧𝐠𝐢𝐧𝐞𝐞𝐫𝐢𝐧𝐠, a construction and engineering company, at a higher-than-expected price of AV of $3,052 psf. This doubles the price of the adjacent site (Area 106B) awarded to SHKP in Feb. 2025. Valuation expectations among different valuers varied considerably. While some were worried about the massive flat supply in Tung Chung area, and the high constructi


Private Recreational Lease Renewal Dilemma
Of the 27 sites held by private sports clubs under 𝑷𝒓𝒊𝒗𝒂𝒕𝒆 𝑹𝒆𝒄𝒓𝒆𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑳𝒆𝒂𝒔𝒆𝒔 in Hong Kong, 15 leases are approaching expiration. Should a club — as the lessee — choose to renew its lease, it is required to pay a land premium equivalent to one-third of the site's market value. The lessee may request a review of the valuation in accordance with established procedures. However, the new policy does not imply that lease renewal is automatic simply upon


HKEX's launch of the "Tech Enterprise Direct Line" aims to facilitate early engagement with potential listing companies
The Regional Executive Director of CHFT, Stella Law, stated that the confidentiality application is a key breakthrough for the "Tech...


Gamehaus Holdings Inc. Officially Listed on NASDAQ with CHFT’s Support via DE-SPAC
January 27, 2025, U.S. time, Gamehaus Holdings Inc. announced the completion of its business combination with Golden Star Acquisition...


The Development of the Hetao Zone is Expected to Realize the Effect of 1+1+1+1 being Greater than 4.
Last year, the State Council promulgated the Development Plan for Shenzhen Park of Hetao Shenzhen-Hong Kong Science and Technology...


Considerations for I&T Research and Development Industry Land Use in Hong Kong
According to the current zoning plan design in Hong Kong, each "land use" such as industrial use will be selected from the "General List...


Chinachem Acquired a Siu Lek Yuen Gov’t Land
Being the owner of several projects in Siu Lek Yuen, it would have been in SHKP's favour to secure another site in the same district,...
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