Cheung Kong

Cheung Kong’s Victor Li says open to selling Hong Kong buildings

Cheung Kong Property Holdings is open to selling its buildings in Hong Kong, Deputy Chairman Victor Li told analysts at a briefing Thursday. "I always look at deals, it's my job to look at deals, both purchases and sales," Mr Li said when asked if he would consider selling commercial buildings, according to a recordingof the briefing. "There is no deal that we must have, there is no property we must...

Cheung Kong to launch Thomson Grand in Upper Thomson

Hong Kong developer Cheung Kong unveiled on Wednesday its latest residential property project in Singapore. The development, Thomson Grand, will be located in Upper Thomson. It will comprise a total of 361 units. Thomson Grand is slated for completion in November 2018. Its launch is expected early July. The condominium occupies a land area of about 225,000 square feet. Of the 361 units, 339 are...

Bubbles can be ‘good for property market’

CONTRARY to what some believe, bubbles can be good for the property market, said the executive director of Hong Kong's Cheung Kong (Holdings). Mr Justin Chiu told reporters yesterday at the showflat of his company's latest project here that he likes property bubbles because they fuel sales volumes and price rises. Mr Chiu - who was moved to dress up as James Bond at launch parties in 2004 to stimulate...

Cheung Kong on lookout for land sites

HONG KONG developer Cheung Kong Holdings is on the lookout for more residential and commercial sites to buy in Singapore, says executive director Justin Chiu. 'We are looking at a few pieces of land,' said Mr Chiu. 'The whole market (in Singapore) is moving. I am optimistic about the future.' Although land prices are high, Cheung Kong will 'keep looking for new land' as it is an 'investment in...

Record prices eyed for West Coast condo

ONE of Hong Kong's biggest developers, Cheung Kong, has made its intentions clear for a sleepy mass market corner of the West Coast. It is asking what would be - if achieved - record prices for the area at a preview for The Vision, on West Coast Crescent. The preview, starting tomorrow, involves the release of up to 100 units mostly priced at $1,000 to $1,200 per sq ft (psf). This puts the starting...

Cheung Kong has a grand Vision for the West Coast

CHEUNG Kong has set its sights on building the tallest - and perhaps priciest - condominium project in the West Coast area. The Hong Kong developer will launch The Vision at West Coast Crescent this weekend. It plans to release no more than 100 units at the 99-year leasehold project, and the average asking price will range from $1,000-$1,200 per sq ft (psf). The Vision comprises 281 apartments and 14...

Cheung Kong launching luxury condominium at West Coast

Hong Kong property giant Cheung Kong is launching a luxury condominium at West Coast. It is hoping to ride on the bright outlook for the high-end residential property segment, with an expected pickup in the leasing market and demand from expatriates. This latest project by Cheung Kong promises to stand out from neighbouring developments. When completed, the waterfront condominium will be the only luxury...

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