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Wheelock & Co

A.S. Watson chemist in Alexandra House, Central, in the early 20th century. Photo: courtesy AS Watson

Here are a few Hong Kong companies that began before the Post in 1903

At least a dozen of those companies that preceded the 1903 birth year of the South China Morning Post remain to this day.

When the South China Morning Post made its first print run in November 1903, Hong Kong was already a bustling entrepot teeming with a vibrant business community

AS Watson, founded in Guangzhou in 1828 and established in Hong Kong formally in 1841, is the oldest surviving business the city

15 Nov 2023 - 6:26PMvideocam

Wheelock’s Monaco Marine project once gain proves popular with buyers

29 Apr 2022 - 7:30AM

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

21 Apr 2022 - 8:30AMvideocam

Hong Kong developer cuts prices for first sales launch since January

Wheelock Properties priced the first 112 units at Monaco Marine in Kai Tak at an average HK$24,833 (US$3,167) per sq ft, 12 per cent below a development sold in the same area last summer.

14 Apr 2022 - 9:44PMvideocam

Wheelock priced the first batch of 112 units at Monaco Marine in Kai Tak at an average of HK$24,833 (US$3,167) per square foot. Photo: K. Y. Cheng

‘Pandemic is temporary’, Wheelock says, is optimistic about housing market, prices

Hong Kong developer Wheelock Properties expects to shrug off headwinds and remains optimistic about the city’s home prices recovering 5 per cent this year if Covid-19 eases.

18 Mar 2022 - 8:30AMvideocam

Wheelock fails to sell Koko Hills as Covid-19 keeps homebuyers away

The flop, in contrast to Henderson Land Development’s sell-out weekend a week earlier, showed how Hong Kong’s property buyers are becoming picky amid a flood of new apartments expected in the market.

29 Jan 2022 - 9:02PM

Hong Kong’s homebuyers snap up flats in Kai Tak and near wetlands

Hong Kong’s land border with mainland China will reopen fully to quarantine-free travel by June at the latest, official sources have revealed, signalling a significant breakthrough after months of the city’s intense lobbying to fight the debilitating impact of the checkpoint closures on its economy.

13 Nov 2021 - 10:36PM

Sales for the Monaco One flats in Kai Tak, at Wheelock’s sales office at The Gateway in Tsim Sha Tsui on 13 November 2021. Photo: Jonathan Wong

Homebuyers shrug aside leftover projects for small, cheaper flats

The outlook for the property market has brightened, and transactions of both new and second-hand homes are expected to quicken, sales agents said.

23 Oct 2021 - 9:35PM

Parking space prices soar at Lohas Park as six flats vie for each bay

The supply of car parking places has lagged far behind the growth in vehicle ownership, as developers built homes with higher profit margins at the expense of allocating space for vehicles.

22 Oct 2021 - 12:00PMvideocam

Hong Kong’s luxury home sales bolster Wharf’s interim results

The resurgent sales of luxury homes underscores how the Covid-19 pandemic has not impeded the fortunes or spending habits of the wealthy class.

10 Aug 2021 - 10:23PM

Aerial view of the Mount Nicholson luxury homes project, developed by Wharf Holdings, in Hong Kong, in June 2019. Photo: Martin Chan

Concrete Analysis | Will record-setting car park prices on The Peak dictate Hong Kong’s market?

Economic wealth and the pursuit of convenience are spurring demand for car parking spaces in Hong Kong. Several factors will determine how this asset class will perform in future.

3 Aug 2021 - 6:08PMvideocam

General view of developments on Mount Nicholson at The Peak, Hong Kong. Photo: Martin Chan

Wheelock Properties wins Kwu Tung land tender with US$540 million bid

At HK$8,499 per square foot, Wheelock Properties paid 18.3 per cent more than Sun Hung Kai Properties did for an adjacent plot in April.

29 Jul 2021 - 7:30AMvideocam

MTR Corp says it followed right protocol over Central land bid

Government board members were absent from meetings related to the discussion and decision to bid for prime site in Central, MTR Corp said to allay public concerns about conflict of interest.

21 Jun 2021 - 6:30AM

Hong Kong’s top developers bid for Causeway Bay commercial plot

The 286,140 sq ft site on Caroline Hill Road, the first to be offered in the area for tender since 1997, can yield a gross floor area of around 1.1 million sq ft.

7 May 2021 - 6:53PMvideocam

An aerial view of the commercial site at Caroline Hill Road, Causeway Bay. Photo: Martin Chan

Wheelock outbids five rivals for last residential plot at Wong Chuk Hang station

Wheelock’s winning bid gives it the last remaining plots of land around the city’s mass transport network.

16 Apr 2021 - 10:55PM

A picture of Wong Chuk Hang MTR station. Photo: Google

Buyers snap up Grand Victoria flats, ignore city’s Covid-19 cluster

The brisk sales at Grand Victoria underscore the growing confidence among investors of the of Hong Kong’s economic prospects, as the city claws its way out of its worst recession on record.

17 Mar 2021 - 5:47PM

Wharf REIC reports decline in net profit, projects ‘cloudy’ outlook for 2021

Wharf REIC, owner of Times Square and Harbour City luxury malls, says the Covid-19 pandemic might continue to weigh on its retail and hotel operations in Hong Kong this year.

5 Mar 2021 - 10:30AMvideocam

Wharf seeks tenants for HK$1 million-a-month house on The Peak

The 10,804 square feet house on 11 Plantation Road requires potential tenants to lodge a HK$1 million deposit.

24 Feb 2021 - 1:20PM

Wharf (Holdings) is holding a tender for the lease of a 10,804 square feet house, one of seven homes on 11 Plantation Road, The Peak. Photo: Handout

Hong Kong’s weekend homes sales fizzle as Covid-19 spoils mood

The dismal result followed a surge in coronavirus pandemic infections in Hong Kong, which kept more potential buyers at home and away from the sales venue, sales agents said.

5 Dec 2020 - 10:46PM

Billionaires line up to take their companies private in volatile markets

Companies have already announced US$26 billion of transactions to be taken private by a related party this year, up about 2,500 per cent from the same period in 2019, according to data compiled by Bloomberg.

15 Sep 2020 - 4:58PM

Home buyers shrug aside Covid-19 relapse for Wheelock’s new flats

CK Asset kicked off the current run when it launched its project with the highest price in Lohas Park two weekends ago. Encouraged by strong response to CK Asset’s launch, Wheelock priced Koko Hills project higher than prevailing prices in the neighbourhood.

11 Jul 2020 - 11:12PM

Buyers queuing up for Wheelock’s Koko Hills flats on 11 July 2020. Photo: May Tse

Wheelock pushes the envelope on pricing of upcoming residential project

The first batch of 83 flats could go on sale as early as next week, with prices starting at HK$19,264 (US$2,485) per square foot.

3 Jul 2020 - 6:51AM

An artist’s impression of Wheelock Properties’ Koko Hills residential project in Kowloon East. Photo: Facebook

Wheelock shareholders approve privatisation, ending 57 years of listing

The curtains are coming down on yet another Hong Kong corporate titan as Wheelock and Company prepares to go private after a year-long stock slump.

17 Jun 2020 - 5:09AMvideocam

Fourth time unlucky for Evergrande as buyers shun Emerald Bay project

Mainland developer manages to sell only five flats, or 1.5 per cent, of the 338 units on offer on Sunday.

7 Jun 2020 - 10:34PMvideocam

Hong Kong homebuyers turn out to give mixed response to two sales launches

The mixed results underscore how Hong Kong’s previous residential property bull run has given way to a buyers’ market, as investors now get to have the pick of the best locations with the biggest discounts in an economy mired in its worst recession o record.

6 Jun 2020 - 11:04PMvideocam

Homebuyers lining up for phase two of the Wetland Seasons Park project sale on 6 June 2020. Photo: Jonathan Wong

Hong Kong tycoons rush to take assets private at rock-bottom prices

Asia’s third-largest equity bourse is trading at the third-lowest valuation across the region’s 14 markets, weighed down by a recession mired in the coronavirus pandemic and almost a year of anti-government protests, creating the perfect conditions for more take-private proposals.

6 Jun 2020 - 7:09AM

Wheelock’s Grand Marini sale flops as homebuyers await better deals

The reversal of fortune for Wheelock’s Grand Marini over two months underscores how Hong Kong’s residential property is becoming a buyers’ market, as investors and owner-occupiers hold out for the best deals amid a glut of choices.

16 May 2020 - 9:13PM

Hong Kong developers buy own shares to support market, boost confidence

New World Development, Wheelock and Co, and a joint venture owned by Li Ka-shing and Victor Li Tzar-kuoi buy nearly HK$1.5 billion worth of shares last month.

5 Apr 2020 - 10:03PM

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Wheelock & Co

Wheelock and Co is a Hong Kong-based company that is primarily involved in property investment, property development, property management and agency, and investment holding. It is also involved in the distribution and retail businesses, including Lane Crawford, Joyce and City'Super, with operations in Hong Kong, the British Virgin Islands, the People's Republic of China and Singapore.

Chairman / President

Douglas C K Woo

CEO / Managing Director

Douglas C K Woo

CFO / Finance Director

Paul Y C Tsui

Website

wheelockcompany.com

Headquarters address

23/F, Wheelock House, 20 Pedder Street, Central, Hong Kong

Year founded

1857

last updated:

30 September, 2024

Wheelock & Co

Here are a few Hong Kong companies that began before the Post in 1903

At least a dozen of those companies that preceded the 1903 birth year of the South China Morning Post remain to this day.

When the South China Morning Post made its first print run in November 1903, Hong Kong was already a bustling entrepot teeming with a vibrant business community AS Watson, founded in Guangzhou in 1828 and established in Hong Kong formally in 1841, is the oldest surviving business the city

Wheelock’s Monaco Marine project once gain proves popular with buyers

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

Hong Kong developer cuts prices for first sales launch since January

Wheelock Properties priced the first 112 units at Monaco Marine in Kai Tak at an average HK$24,833 (US$3,167) per sq ft, 12 per cent below a development sold in the same area last summer.

‘Pandemic is temporary’, Wheelock says, is optimistic about housing market, prices

Hong Kong developer Wheelock Properties expects to shrug off headwinds and remains optimistic about the city’s home prices recovering 5 per cent this year if Covid-19 eases.

Wheelock fails to sell Koko Hills as Covid-19 keeps homebuyers away

The flop, in contrast to Henderson Land Development’s sell-out weekend a week earlier, showed how Hong Kong’s property buyers are becoming picky amid a flood of new apartments expected in the market.

Hong Kong’s homebuyers snap up flats in Kai Tak and near wetlands

Homebuyers shrug aside leftover projects for small, cheaper flats

The outlook for the property market has brightened, and transactions of both new and second-hand homes are expected to quicken, sales agents said.

Parking space prices soar at Lohas Park as six flats vie for each bay

The supply of car parking places has lagged far behind the growth in vehicle ownership, as developers built homes with higher profit margins at the expense of allocating space for vehicles.

Hong Kong’s luxury home sales bolster Wharf’s interim results

The resurgent sales of luxury homes underscores how the Covid-19 pandemic has not impeded the fortunes or spending habits of the wealthy class.

Concrete Analysis | Will record-setting car park prices on The Peak dictate Hong Kong’s market?

Economic wealth and the pursuit of convenience are spurring demand for car parking spaces in Hong Kong. Several factors will determine how this asset class will perform in future.

Wheelock Properties wins Kwu Tung land tender with US$540 million bid

At HK$8,499 per square foot, Wheelock Properties paid 18.3 per cent more than Sun Hung Kai Properties did for an adjacent plot in April.

MTR Corp says it followed right protocol over Central land bid

Government board members were absent from meetings related to the discussion and decision to bid for prime site in Central, MTR Corp said to allay public concerns about conflict of interest.

Hong Kong’s top developers bid for Causeway Bay commercial plot

The 286,140 sq ft site on Caroline Hill Road, the first to be offered in the area for tender since 1997, can yield a gross floor area of around 1.1 million sq ft.

Wheelock outbids five rivals for last residential plot at Wong Chuk Hang station

Wheelock’s winning bid gives it the last remaining plots of land around the city’s mass transport network.

Buyers snap up Grand Victoria flats, ignore city’s Covid-19 cluster

The brisk sales at Grand Victoria underscore the growing confidence among investors of the of Hong Kong’s economic prospects, as the city claws its way out of its worst recession on record.

Wharf REIC reports decline in net profit, projects ‘cloudy’ outlook for 2021

Wharf REIC, owner of Times Square and Harbour City luxury malls, says the Covid-19 pandemic might continue to weigh on its retail and hotel operations in Hong Kong this year.

Wharf seeks tenants for HK$1 million-a-month house on The Peak

The 10,804 square feet house on 11 Plantation Road requires potential tenants to lodge a HK$1 million deposit.

Hong Kong’s weekend homes sales fizzle as Covid-19 spoils mood

The dismal result followed a surge in coronavirus pandemic infections in Hong Kong, which kept more potential buyers at home and away from the sales venue, sales agents said.

Billionaires line up to take their companies private in volatile markets

Companies have already announced US$26 billion of transactions to be taken private by a related party this year, up about 2,500 per cent from the same period in 2019, according to data compiled by Bloomberg.

Home buyers shrug aside Covid-19 relapse for Wheelock’s new flats

CK Asset kicked off the current run when it launched its project with the highest price in Lohas Park two weekends ago. Encouraged by strong response to CK Asset’s launch, Wheelock priced Koko Hills project higher than prevailing prices in the neighbourhood.

Wheelock pushes the envelope on pricing of upcoming residential project

The first batch of 83 flats could go on sale as early as next week, with prices starting at HK$19,264 (US$2,485) per square foot.

Wheelock shareholders approve privatisation, ending 57 years of listing

The curtains are coming down on yet another Hong Kong corporate titan as Wheelock and Company prepares to go private after a year-long stock slump.

Fourth time unlucky for Evergrande as buyers shun Emerald Bay project

Mainland developer manages to sell only five flats, or 1.5 per cent, of the 338 units on offer on Sunday.

Hong Kong homebuyers turn out to give mixed response to two sales launches

The mixed results underscore how Hong Kong’s previous residential property bull run has given way to a buyers’ market, as investors now get to have the pick of the best locations with the biggest discounts in an economy mired in its worst recession o record.

Hong Kong tycoons rush to take assets private at rock-bottom prices

Asia’s third-largest equity bourse is trading at the third-lowest valuation across the region’s 14 markets, weighed down by a recession mired in the coronavirus pandemic and almost a year of anti-government protests, creating the perfect conditions for more take-private proposals.

Wheelock’s Grand Marini sale flops as homebuyers await better deals

The reversal of fortune for Wheelock’s Grand Marini over two months underscores how Hong Kong’s residential property is becoming a buyers’ market, as investors and owner-occupiers hold out for the best deals amid a glut of choices.

Hong Kong developers buy own shares to support market, boost confidence

New World Development, Wheelock and Co, and a joint venture owned by Li Ka-shing and Victor Li Tzar-kuoi buy nearly HK$1.5 billion worth of shares last month.

When the South China Morning Post made its first print run in November 1903, Hong Kong was already a bustling entrepot teeming with a vibrant business community

AS Watson, founded in Guangzhou in 1828 and established in Hong Kong formally in 1841, is the oldest surviving business the city