adminchftaa

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 construction costs at the...

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 payment of the...

Amid the threats of global climate change and supply chain volatility, traditional agriculture has reached a critical tipping point. The core value of Foodtech lies in its ability to decouple food production from specific climatic conditions, thereby addressing food crises and achieving sustainability goals. California-based Voyage Foods is spearheading a transition from 'nature-dependent' to 'tech-driven' production, playing a structural role in the evolution of the Foodtech sector. Read...