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Hong Kong land sale

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Hong Kong land sale
The latest news, analysis and opinion on Hong Kong land sale. In-depth analysis, industry insights and expert opinion.
Village houses at Yau Kom Tau, Tsuen Wan, Hong Kong, in 2023. Since the colonial era, restrictions on land supply and the sale of development rights have generated substantial government revenue. Photo: Dickson Lee
Hong Kong economy

Opinion | How Hong Kong is trying a new solution to its land value problem

After decades of lucrative land sales, can the city finally build a system in which the land itself creates economic value?

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Hong Kong economy

Land tender for flagship Northern Metropolis tech hub draws 6 bids

Hong Kong society

Hong Kong’s rare plot incentive will help resurrect decaying districts: analysts

Hong Kong society

Opinion | Hong Kong needs regenerated districts, not piecemeal renewal

The government should tie redevelopment of properties in old districts to Northern Metropolis development rights and create an urban regeneration authority.

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Illustration: Rocio Marquez
Northern Metropolis

Opinion | What Hong Kong can learn from Northern Metropolis’ first land tender

Pilot tender of large mixed-use plot for public-private development shows scale of complexity requires flexibility and constant adjustment.

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Hong Kong property

7 Hong Kong developers bid for waterfront Kowloon renewal project

Site for 1,200 flats, worth at least US$688 million, is part of urban renewal initiative linking Kowloon neighbourhoods to Kai Tak.

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China’s private sector

Why Hong Kong’s major developers stayed out of Northern Metropolis’ tender

Limited bids suggest government’s new land-sale model asks developers to do more than build homes, testing a role outside their expertise.

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An artists impression of the Hung Shui Kiu/Ha Tsuen new development area, part of Hong Kong’s Northern Metropolis. Photo: handout
Hong Kong property

Caution on land tenders key to Hong Kong’s property recovery: analysts

As Hong Kong pushes forward Northern Metropolis project, analysts say land supply should remain ‘measured’ to support property market recovery.

Hong Kong property

Northern Metropolis: a new era for development or a tough sell?

Henderson Land the sole stand-alone bidder as Sino Land joins JD.com and mainland developers in a consortium for the Hung Shui Kiu project.

Hong Kong economy

Exclusive | Hong Kong tech park tender targets strong bidders with HK$100m bond rule

Industry leaders say HSITP requirement suggests ‘well-capitalised’ bidders being targeted to eliminate risk of stalled, abandoned projects.

The Hong Kong-Shenzhen Innovation and Technology Park opened last year as a “special jurisdiction” complementing the adjacent 302-hectare Shenzhen site. Photo: Eugene Lee
Hong Kong property

‘Aggressive pricing’: Able Engineering tops titans’ bids in Hong Kong land sale

Able Engineering outperforms analyst forecasts to secure a residential parcel that can fit nearly 1,000 units, and the win is seen reflecting rising confidence in the sector.

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The Tung Chung New Town Development is seen in 2024. Photo: Jelly Tse
Hong Kong property

6 bids for Hong Kong land sale signal renewed confidence despite market caution

Tung Chung site draws bids from major developers SHKP, Kerry and Sino Land, reflecting cautious optimism for the residential property market.

Hong Kong property

What does an improved Hong Kong property outlook mean for land sales?

Land tenders may test market discipline due to risk of intense bidding, given Hong Kong’s pronounced property upcycles, S&P says.

Hong Kong property

Sino Land-led consortium to invest US$1.7 billion in Northern Metropolis project

Sino Land chairman Daryl Ng said the Kam Sheung Road project marks a key step in advancing the Northern Metropolis.

Sino Land chairman Daryl Ng Wing Kong. Photo: Handout
Hong Kong property

Hong Kong’s Northern Metropolis gains momentum as key project attracts 8 bids

The second phase of the Kam Sheung Road station project is estimated at about HK$5.7 billion, according to an analyst’s forecast.

Kam Sheung Road MTR station. The railway operator received eight bids for a key project in the area, which is part of the Northern Metropolis development. Photo: Google Maps
Hong Kong society

Dedicated Northern Metropolis laws may speed up projects by 1 year, minister says

Development chief Bernadette Linn also says authorities preparing to increase residential component of some sites.

Hong Kong housing

Hong Kong to offer 9 residential sites to developers in 2026-27 land sale plan

Sites include three from previous programme and are expected to yield about 6,650 flats, development chief Bernadette Linn says.

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Hong Kong property

Kerry Properties secures Hong Kong’s latest residential plot for US$177 million

Kerry beat seven bidders for the rights to develop a residential project on the 1,349-square-metre parcel in the Eastern district.

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View of the former Shau Kei Wan Market at Shau Kei Wan Main Street East. Kerry Properties won the tender for the residential site on Monday. Photo: Edmond So
Hong Kong property

Hong Kong land fetches US$230 million as Chinese developer outbids city rivals

China Overseas Land & Investment beats eight rivals to secure a 50-year lease for a 33,712 sq ft housing plot in Ngau Tau Kok.

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Hong Kong property

Hong Kong tests student housing land sales amid slumping office demand

Government invites interest in three sites for student hostels, signalling a shift from office sites to education-focused development.

Hong Kong housing

Hong Kong earmarks Kai Tak site among 3 plots for private student hostel projects

Sha Tin and Tung Chung sites also among those the government will open for interest to develop into private student hostels to ease housing pressure.

A prime site in the newly developed Kai Tak area, is one of three ares that have been earmarked for the development of tertiary student hostels. Photo: Google map
Hong Kong economy

Opinion | Northern Metropolis can combine best of central planning and free market

Guided by the national five-year plans, the Hong Kong government is changing policies and offering attractive terms for the project.

Illustration: Craig Stephens
Hong Kong property

Hong Kong’s Sino Land and Great Eagle secure Kowloon site for US$206 million

Acquisition of 41,226 sq ft plot – which could yield 570 homes – reflects confidence in the property market’s recovery as sales rebound.

Hong Kong housing

Hong Kong private subsidised flat scheme suffers new blow as site reassigned

Tung Chung site, originally designated for Private Subsidised Sale Flat Pilot Scheme, will be handed over to Housing Society, authorities say.

Hong Kong economy

New approach to fast-track Hong Kong industrial park gets thumbs up from firms

New company to speed up work on 23-hectare park under Northern Metropolis project wins praise as ‘one-stop service centre’.

The Hung Shui Kiu development area is part of the Northern Metropolis scheme. Photo: Eugene Lee
Hong Kong economy

Editorial | For Hong Kong’s fiscal health, commercial land sales should resume

With so many development projects in the pipeline, the government cannot wait until the property market has fully recovered.

A mirror reflecting a person’s silouette is seen amid commercial and residential buildings on Hong Kong Island, on February 26. Photo: Eugene Lee
Hong Kong economy

Exclusive | Hong Kong ‘could halt’ commercial land sales for second year over poor demand

Development chief Bernadette Linn also says it is ‘untrue’ that Lantau reclamation plan was shelved because of pressure from developers.

Hong Kong housing

First developer withdraws from Hong Kong land sharing scheme amid slow economy

Lawmaker Wendy Hong says scheme’s conditions are not attractive as developers can only break even rather than make a profit.

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