TOPIC
 / company

Nan Fung

More businesses in Hong Kong are looking to downsize their office footprint this year, according to a new survey. Photo: Jonathan Wong

A quarter of Hong Kong companies plan cuts in office space, survey shows

A weak economic recovery and geopolitical uncertainties have had more companies ‘talking about money’ when making rental decisions, according to Colliers.

  • A weak economic recovery and geopolitical uncertainties have had more companies ‘talking about money’ when making rental decisions, the consultancy finds

Chinese buyers return to Hong Kong’s luxury property market as activity picks up

videocam

Colorifix to bring earth-friendly fabric-dyeing ink to China, Asean by 2025

videocam

Hongkong Land joins push to decarbonise the city’s office buildings

It is the latest developer to launch an initiative that forms part of an industry-wide decarbonisation push aimed at helping the city reach its climate targets.

videocam
Buildings account for about 90 per cent of electricity consumption in Hong Kong, according to Diane Wong, the under secretary for environment and ecology. Photo: May Tse

Zara uses recycling tech backed by co-developer of some of Asia’s priciest homes

CEO of Circ, part of Nan Fung Group’s The Mills Fabrica incubator, says its technology addresses the largest waste stream in the textile industry.

Chinese tycoon’s daughter buys The Peak property for staggering US$82m

Lau Chauin, the daughter of the chairman of Heungkong Group, paid HK$140,800 (US$18,050) per square foot for a flat and three parking spaces in Mount Nicholson on The Peak.

videocam
13
Advertisement
Advertisement

Wheelock touts land sharing scheme proposal a ‘win-win’ solution for all

Private flats to be built under the Land Sharing Pilot Scheme will not necessarily cost more and is a ‘win-win’ solution for all stakeholders, managing director Ricky Wong says.

videocam
A general view of Lam Tsuen, Tai Po. Wheelock and Henderson have submitted an application to the government to build over 12,000 flats under the Land Sharing Pilot Scheme. Photo: Winson Wong

Co-working and retail complex The Mills Fabrica expands to London

Vanessa Cheung, the granddaughter of Hong Kong’s ‘King of Cotton Yarn’, took a warehouse in Tsuen Wan and turned it into a co-working, retail and arts space. Now she’s done the same in the UK capital.

The Hong Kong fashion tech incubator looking to make industry sustainable

Nan Fung’s The Mills Fabrica provides a 12-month incubation programme for start-ups and invests in early stage companies that reduce waste along the fashion industry supply chain.

videocam

Hong Kong’s deluxe homes await China border opening for next leap

Individual and corporate real estate investors from the mainland had been the lifeblood that had sustained the eye-popping prices of Hong Kong’s property industry in the past decade, from multimillion dollar mansions to some of the world’s most expensive offices in marquee addresses in Central.

The Mount Nicholson project at The Peak on Hong Kong Island on June 26, 2019, where 58 per cent of the 15 mansions and 38 luxury apartments are owned by mainland Chinese buyers. Photo: Martin Chan

Parking spot fetches US$1.3 million at Hong Kong’s Mount Nicholson

A car parking bay at the exclusive Mount Nicholson development on The Peak fetched over HK$10 million (US$1.3 million), smashing a world record set in 2019.

videocam
23
An aerial view of the Mount Nicholson luxury development on The Peak. Photo: Martin Chan

Fintech chief buys US$7.2 million Happy Valley flat as bitcoin soars

Hugh Douglas Madden, CEO of BC Tech Group, bought a 1,953 sq ft flat on the fourth floor of Winfield Building in Happy Valley.

Hong Kong buyers snap up flats as stock market boom lifts mood

The strong sales at the two locations marked the return of Hong Kong’s property bull market, as investors and owner-occupiers alike took advantage of discounted prices and cheap mortgages to pick up assets, confident that the coronavirus pandemic may soon come under control.

Hong Kong’s home buyers return in droves to seek shelter in assets

A second successful sales weekend this month is a boost for Hong Kong’s home market, which has been grappling to regain its footing amid a 6.1 per cent economic contraction in 2020.

Buyers lining up for Nan Fung's LP10 (Lohas Park 10) at the developer’s sales office at Harbourside in Kowloon Bay on January 30, 2021. Photo: Winson Wong

Lukewarm response to Wheelock project sets tone for weekend sales

As many as 1,800 new homes could be sold in January, with buyers already snapping up 1,116 new flats in the first 28 days of the month.

Potential buyers line up for 90 units at Wheelock Properties’ Monaco development in Kai Tak, at its sales office in The Gateway, Tsim Sha Tsui, on Friday. Photo: Edmond So

Buyers snap up Lohas Park’s LP10 flats in spring boom for Nan Fung

The strong response at LP10, following last weekend’s sell-out launch at Kai Tak, is a shot in the arm for the real estate industry.

Hong Kong withdraws Tung Chung site, rents cut at Kai Tak tower

In the first signs of a slowdown in Hong Kong’s office property market, the city withdrew this year’s largest commercial site from tender, while Nan Fung lowered the asking rent for an office tower under construction by up to 20 per cent.

videocam
Advertisement
Advertisement

Hong Kong developer Nan Fung launches biosimilar joint venture

Hong Kong-based property developer Nan Fung deepened its diversification into health care with the announcement on Friday of a joint venture that will produce and sell in mainland China biosimilar versions of medicines used to treat arthritis and cancers.

China’s pharmaceutical market is the second-largest in the world after the US, with US$137 billion in total spending in 2018. Photo: Alamy

Hong Kong home builders ramp up sales as buyers cheer US-China ‘detente’

Buyers snapped up more than 700 new homes during weekend sales amid signs of an easing in Washington-Beijing tensions

The View | Hong Kong’s new property tycoons face greater expectations

Victor Li, Adam Kwok and Adrian Cheng are among the inheritors of Hong Kong’s biggest property conglomerates, at a time when Hongkongers are demanding greater corporate social responsibility and better living solutions.

Hong Kong’s homebuyers are back in droves as rates stay flat

Across the city, 607 flats were offered for open sale by four developers in Lohas Park, To Kwan Wan, Yau Tong and West Kowloon. Thousands of people queued for the 294 properties on offer at New World’s Artisan Garden.

Up to 3,700 prospective buyers queuing up for the 294 flats of New World Development's Artisan Garden project on Saturday, 23 March 2019. Photo: SCMP / Dickson Lee

Home sales flop as sentiments cool in Hong Kong’s property market

Prospective property buyers at the Octa Tower in Kowloon Bay, queuing up to bid for 491 units of LP6 at Lohas Park in Tseung Kwan O on 13 October, 2018. Photo SCMP / Xiaomei Chen

Thousands in last-minute rush before super typhoon... for property

Enthusiasm high in hot property market despite large storm and recent downbeat investment sentiment

Hong Kong buyers brave downpour to snap up Nan Fung’s LP6 flats

Developers set prices low as Hong Kong’s property rally wobbles

Nan Fung’s LP6 (centre in green) residential project under development at Lohas Park in Tseung Kwan O. Photo: Roy Issa

Developers race to exploit Hong Kong vacancy tax loophole before it's closed

Aerial view of the Victoria Harbour, a residential property project developed by Sun Hung Kai Properties, by the Eastern Corridor in North Point on 21 July 2018. Photo: SCMP / Roy Issa

Inside the Tsuen Wan cotton mills being turned into creative arts hub

Three former Hong Kong textile factories will reopen next year under the name The Mills and will feature an art gallery, a textile industry museum, a start-up incubator and shops, including established neighbourhood businesses

Vanessa Cheung’s tips for busy Hongkongers on how to stay fit

The Nan Fung Group director and gym co-owner, who recently launched a community health initiative, tells us how she got the fitness bug, how she stays in shape and how to squeeze exercise into your day

Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Nan Fung
The latest news, analysis and opinion on Nan Fung. In-depth analysis, industry insights and expert opinion.
last updated:
26 August, 2024
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement