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Sino Land Co

A train passes by a construction site of MTR Corporation’s extension of the Tung Chung Line on Lantau Island on October 22, 2024. Photo: Elson Li

Hong Kong property

Cautious bids expected for second try at Hong Kong land sale

MTR Corp’s tender for a Tung Chung site follows a senior government official’s call for developers to show faith in Hong Kong’s future.

21 Nov 2024 - 7:02PM

Hong Kong property

Exclusive | World’s largest hedge fund CIO buys HK$95 million home in Hong Kong

20 Nov 2024 - 9:14PMvideocam

IPO

Could Hong Kong property tycoons’ backing lead to revival of IPOs?

20 Nov 2024 - 3:47PM

Hong Kong property

Big Hong Kong developers enter fray for Sha Tin land tender

Site STTL 625, which has an area of 5,652 square metres, can support a total of 570 units.

25 Oct 2024 - 6:17PM

The tender for a land parcel located at the junction of Siu Lek Yuen Road and Sha Tin Wai Road in Sha Tin closed on Friday. Photo: Sam Tsang

Hong Kong property

Sino Group reports 24.7% profit dip on slower sales, higher revaluation losses

Sino Land’s profit declined by about a quarter in its financial year ending in June, as sales of homes and car parks slowed while revaluation losses surged.

27 Aug 2024 - 8:43PM

Hong Kong property

Hong Kong land sale ‘far exceeds’ expectations as 11 firms submit bids

Despite the slumping property market, major developers CK Asset and Sino Land are among the firms vying for a plot of land that will support 280 flats in Sha Tin.

12 Jul 2024 - 6:00PM

Hong Kong property

SHKP in pole position to benefit from Hong Kong’s property easing measures

Hong Kong’s largest developer by market capitalisation is being tipped by analysts to emerge as the ‘prime beneficiary’ of the city’s removal of all property cooling measures.

6 Mar 2024 - 4:01PM

Residential housing in Hong Kong’s Yau Tong, as seen from the city’s Quarry Bay district. SHKP is controlled by the Kwok family and is widely regarded as a ‘proxy’ for the Hong Kong property sector, according to DBS Group Research. Photo: May Tse

Hong Kong property

Sino Land, Hysan expect last year’s ‘uncertainties’ to loom over sector in 2024

Sino Land and Hysan Development, two major Hong Kong property developers, expect ‘uncertainties’ to continue to affect the city’s real estate market, they said in their latest financial reports on Thursday.

22 Feb 2024 - 8:35PM

Hong Kong property

Sole bidder Sino Land gets Lantau Island plot for 20% below market value

Sino Land, the only bidder in the tender for a plot of land on Lantau Island, has paid nearly 20 per cent less than market expectations as Hong Kong’s housing market continues to languish.

21 Dec 2023 - 6:42PMvideocam

Hong Kong property

Hong Kong’s Ma Tau Wai project awarded to Sino Land after US$272 million bid

A Sino Land-led consortium won the right to develop a plot in Hong Kong’s Shing Tak Street from the Urban Renewal Authority (URA), after its bid displayed confidence in a highly sought location.

14 Dec 2023 - 10:45PM

The Shing Tak Street/ Ma Tau Chung Road Development Project (CBS-1: KC). The Urban Renewal Authority (URA) launched pilot projects in Kowloon City to redevelop buildings under the Civil Servants’ Co-operative Building Society Scheme. Photo: Winson Wong

Hong Kong economy

Hong Kong experts urge price review for government land after site fails to sell

Academic predicts government deficit will ‘become worse’ if review of reserve prices for development sites is not carried out.

3 Nov 2023 - 9:30AM

Hong Kong faces a massive shortfall in predicted income from sales of government land to developers. Photo: Elson Li

Hong Kong property

Developers entice Hong Kong homebuyers with discounts in weekend sale bonanza

Most of the new units on Saturday came from Villa Garda III in Tseung Kwan O, which sold 73 of the 138 put up for sale.

26 Aug 2023 - 6:30PMvideocam

Robotics

Israeli firm’s AI-powered robots able to ascend and clean Hong Kong skyscrapers

Tel Aviv-based Verobotics expects to have more than 50 of its lightweight, artificial intelligence-powered cleaning robots deployed in the city by the end of next year.

23 Jun 2023 - 8:49PM

Business of climate change

Green buildings hold the upper hand in Hong Kong’s property glut

Green certified buildings are giving developers and landlords a competitive edge as occupiers demand sustainability features, essential to meet a host of business and environmental goals.

20 May 2023 - 1:13PMvideocam

Hong Kong property

‘Cautiously optimistic’ Sino Land set to launch some 2,100 flats this year

Sino Land, which posted a 36 per cent decline in half-year profit, plans to launch some 2,100 flats, including about 640 in Lohas Park this year.

21 Feb 2023 - 7:23PMvideocam

Sino Land plans to launch six residential projects in Hong Kong this year, including in Lohas Park, Tseung Kwan O. Photo: Sun Yeung

Hong Kong property

Hong Kong withdraws Stanley plot after bids fail to meet reserve price

The biggest residential plot of land in Hong Kong’s southern Stanley district in two decades was withdrawn from sale by the government on Tuesday, after all four tenders failed to meet its reserve price.

10 Jan 2023 - 8:51PMvideocam

Business of climate change

Hong Kong’s archiREEF aims to commercialise 3D-printed tiles, restore corals

The home-grown marine technology start-up wants to commercialise and scale up its 3D-printed terracotta reef tiles to restore corals and save degraded marine ecosystems around the world.

2 Oct 2022 - 3:00PM

Weekend Property

Novo Land flats sell out in Tuen Mun as buyers get in before rate hike

Homebuyers in the city flocked to buy flats on offer this weekend at Sun Hung Kai’s Novo Land project in Tuen Mun, reflecting a pre-emptive move against an expected rise in prime rate.

27 Aug 2022 - 6:58PM

Potential buyers line up at the sales office of Novo Land, the residential project of Sung Hung Kai Properties in Tuen Mun, at the International Commerce Centre in West Kowloon on August 27, 2022. Photo: Edmond So

Hong Kong property

Covid-19 curbs: Hong Kong developers’ earnings tumble by up to 60 per cent

Covid-19 restrictions dragged on the profits of Hong Kong developers in the January to June period, with declines ranging from 40.5 per cent to 58 per cent, filings with the Hong Kong stock exchange on Thursday show.

25 Aug 2022 - 8:55PMvideocam

Hong Kong property

Hong Kong’s slowing property market hits Tseung Kwan O’s Villa Garda

Just 128 out of 168 flats at Villa Garda’s phase two development were sold on Sunday as recent interest rate hikes and stock market volatility take a toll.

17 Jul 2022 - 11:00PMvideocam

Hong Kong property

Home buyers snap up Sino Land’s Lohas Park flats on discount

The current batch of flats were priced between HK$17,106 and HK$21,346 per square foot after an average discount of 16 per cent, cheaper than other prices in the neighbourhood.

8 Jul 2022 - 10:10AM

Customers queued up for Villa Garda I flats in Lohas Park at Sino Land’s sales office in Tsim Sha Tsui on 7 July 2022. Photo: Xiaomei Chen

Hong Kong property

Gone in three hours: Sino Land sells 238 Hong Kong flats in buying frenzy

The frenzy reflected the strong demand for housing in one of the world’s least affordable urban centres, and how quickly buyers react to any change in the macroeconomic environment.

30 Jun 2022 - 3:53PM

Buyers queued up for Villa Garda I in Lohas Park at Sino Land’s sales office at Empire Centre in Tsim Sha Tsui on 30 June 2022. Photo: Jonathan Wong

Hong Kong property

Hong Kong malls bank on pet lovers, families, NFT fans for footfall growth

Sun Hung Kai Properties’ New Town Plaza in Sha Tin and Sino Land’s Tmtplaza in Tuen Mun aim to give consumers who are now accustomed to e-commerce new reasons to visit.

29 Jun 2022 - 8:30AMvideocam

Hong Kong property

Tuen Mun site bids rejected as premiums come below reserve price

The Hong Kong government rejected all five bids received for a 1.3 million square feet residential site in Tuen Mun, as all tenders came in below the reserve price.

26 Apr 2022 - 9:44PMvideocam

Hong Kong property

Developers lower prices to make up for lost time as Hong Kong eases curbs

Sino Land and Wheelock both priced hundreds of new flats roughly 12 per cent below comparable projects launched last year, as restrictions that made house sales all-but impossible are loosened.

21 Apr 2022 - 8:30AMvideocam

The construction site of Grand Mayfair I, where units have been priced 12 per cent below a comparable project launched in December. Photo: Sam Tsang

Hong Kong property

Hong Kong malls unveil promotions with eye on US$638 consumption vouchers

Mall owners come up with promotions to compete for more than 6.2 million shoppers who will receive e-vouchers worth US$638 each from Thursday.

3 Apr 2022 - 7:28PM

Hong Kong’s mall owners are tempting shoppers with discounts and offers with an eye on the HK$5,000 e-vouchers that will issued to 6.2 million eligible residents from Thursday. Photo: Sam Tsang

Hong Kong property

Hong Kong analysts slash forecasts in home prices as Covid-19 bites

Property developers, who usually conduct their sales campaigns on weekends, have deferred the launch of new projects until the second quarter, when the current Covid-19 outbreak is expected to recede.

14 Mar 2022 - 12:09PMvideocam

Coronavirus India

Coronavirus: Hong Kong turns to mainland China, private sector for supplies

Commerce chief Edward Yau says government has sent a list of needed supplies to Chinese authorities to fight escalating outbreak.

1 Mar 2022 - 3:26PM

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Sino Land Co

Sino Group is one of the largest property companies in Hong Kong, and also has significant operations in Singapore where a sister company is a major property developer. The group has private holding companies owned by the Ng family, and three publicly listed companies: Tsim Sha Tsui Properties, Sino Land Co, Sino Hotels (Holdings). Yeo Hiap Seng, another sister company, specialises in food and beverages in Asia.

Chairman / President

Robert Ng Chee Siong

CEO / Managing Director

Win Kong Daryl Ng

CFO / Finance Director

Wing Yung Thomas Tang

Industry

Property and Hotel

Website

sino.com

Headquarters address

Hong Kong, China

Stock Code

SEHK:83, OTC Pink:SNLAY

Year founded

1981

last updated:

2 October, 2024