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  #1241  
Old Posted Sep 13, 2021, 6:10 PM
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Cheung Kong Center II
41 floors
News article about the redevelopment : https://www.ejinsight.com/eji/articl...ong-Center-2-0

9/8



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  #1242  
Old Posted Sep 14, 2021, 2:54 PM
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That's the same building as the Henderson, right? The one by Zaha Hadid Architects?
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  #1243  
Old Posted Sep 14, 2021, 7:15 PM
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Originally Posted by colemonkee View Post
That's the same building as the Henderson, right? The one by Zaha Hadid Architects?
Zaha's The Henderson is across the street.

In this photo, it's the yellow crane site that has advanced a bit more quickly. Cheung Kong II is in purple.

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  #1244  
Old Posted Sep 15, 2021, 6:39 PM
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La Marina on track for third race for homes
Sep 15, 2021
The Standard Excerpt

La Marina atop Wong Chuk Hang station will launch a third round of sales on Saturday, including all 133 units on its fifth price list plus two relaunched units that were canceled before.

The discounted average per-sq-ft price of units on the list is HK$36,590, with the flats ranging from one- to four-bedroom units.

That came as Wetland Seasons Bay in Tin Shui Wai saw three buyers forfeit deposits in the third round of sales, totaling as much as HK$459,065.

More : https://www.thestandard.com.hk/secti...race-for-homes
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  #1245  
Old Posted Sep 16, 2021, 2:52 AM
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Hong Kong’s home buying frenzy returns, as a record number of bidders snapped up every flat of New World’s The Pavilia Farm III project on offer in Tai Wai
South China Morning Post Excerpt
June 12, 2021



Hong Kong’s property buyers snapped up every single flat put on the market by New World Development during its second round of weekend sales of The Pavilia Farm III project in Tai Wai, with a record number of bidders chasing after every unit.

As many as 30,108 online bids were received for 338 flats, or 89 registrations of interest for every apartment on average, according to a New World spokeswoman. Every unit had sold out by 7pm, according to several sales agents.

The project’s location in Tai Wai, the main transport interchange in Hong Kong’s New Territories, has attracted owner-occupiers and investors alike, as its proximity to amenities, schools, shopping and the transport network improves its potential rental yield, agents said.

More : Home buying frenzy returns to New World’s project in Tai Wai
9/7

MMM_2104L by Marvin Lee, on Flickr
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  #1246  
Old Posted Sep 16, 2021, 4:10 PM
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HLD's HK Island East 'THE HOLBORN' Receives Over 800 Checks, Oversubscribed by Nearly 5.3x
Sep 16, 2021
AAstocks

HENDERSON LAND's residential project located in Eastern District, Hong Kong Island -- "THE HOLBORN" will launch 128 units in its first selling round on Sunday (19th) and has already received over 800 checks as at 6:30 pm yesterday (15th), representing an oversubscription of nearly 5.3x, suggested market sources.

For the units set to be launched, the discounted selling prices range between $5.8083 million and $8.0342 million.

More : http://www.aastocks.com/en/stocks/ne...29734/property

Oriental Daily


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  #1247  
Old Posted Sep 17, 2021, 8:42 AM
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Hong Kong’s banks pull the plug on a second unfinished housing project, halting mortgage loans to Kwai Hung’s Mangrove flats
South China Morning Post Excerpt
Sep 17, 2021

Hong Kong banks are becoming more cautious in their mortgage lending, particularly for incomplete projects built by smaller developers.

HSBC, Bank of China (Hong Kong), Hang Seng Bank, Bank of East Asia (BEA) and Standard Chartered are among lenders that have stayed away from mortgages for uncompleted units at Kwai Hung Group’s Mangrove development, according to sources familiar with the matter. All 130 units at the development in Hung Hom will be up for sale this Saturday.

Mortgages for “incomplete units are not being approved. If you choose the [45 days] Cash Payment Plan [for incomplete units], that probably will not be approved”, said a staffer handling phone enquiries for Mangrove.

More : https://www.scmp.com/business/articl...e-project-amid

Drone footage :

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  #1248  
Old Posted Sep 17, 2021, 6:56 PM
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Grand Victoria

8/28

Tai Mo Shan by John Hammond, on Flickr
Grand Victoria
9/10

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  #1249  
Old Posted Sep 18, 2021, 8:07 PM
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Hong Kong’s homebuyers defy banks’ jitters in snapping up flats built by little-known developer in fourth straight sell-out weekend
South China Morning Post Excerpt
Sep 18, 2021

Hong Kong’s homebuyers continued to pile into the residential property market, snapping up three of four flats on offer in two districts across the city, encouraged by an improving local economy and prospects of easy financing.

Up to 197 of 265 apartments, or 74 per cent, of available new flats on offer at two projects were sold as at 8:00pm, sales agents said.

Kwai Hung Group sold 128 of 130 flats released in the first batch of the Mangrove project in Hung Hom, defying the banks that pulled the plug on mortgage financing amid concerns over the developer’s ability to complete the project. At Wong Chuk Hang in the south of Hong Kong Island, Kerry Properties sold 69 out of 135 flats at La Marina, jointly developed with Sino Land and MTR Corporation.

More : https://www.scmp.com/business/money/...s-built-little
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  #1250  
Old Posted Sep 20, 2021, 3:50 PM
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Hong Kong’s weekend homebuyers balk at Henderson’s The Holborn amid supply increase
South China Morning Post Excerpt
Sep 19, 2021

Hong Kong homebuyers were hesitant on the second day of weekend property sales on Sunday, amid an increase in supply that had left them with more options.

Henderson Land Development had sold 60 flats – or 47 per cent – of the first 128 units on offer at The Holborn project in Quarry Bay as of 5.40pm, according to real estate agents. Sales at the Mangrove and La Marina projects a day earlier were brisk, defying banks’ jitters and helping developers to clear 94 per cent of the stock.

The batch up for grabs at The Holborn was priced at an average price of HK$28,888 (US$3,711) per square foot. The 224 sq ft to 260 sq ft flats range in price from HK$5.8 million to HK$8 million. The price was not at a discount to the market rate, which probably had not helped the sale, said Sammy Po Siu-ming, CEO of Midland Realty’s residential division.

More : https://www.scmp.com/business/china-...s-holborn-amid
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  #1251  
Old Posted Sep 21, 2021, 10:21 AM
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Wheelock says its proposal to build homes under the land sharing scheme is a ‘win-win’ solution for all
South China Morning Post Excerpt
Sep 21, 2021

Private flats to be built under a plan to tap Hong Kong developers’ land reserves will not necessarily cost more and is a “win-win” solution for all stakeholders, even though most of the land is earmarked for public housing under the proposal, according to Ricky Wong Kwong-yiu, managing director of Wheelock Properties.

Under the Land Sharing Pilot Scheme initiated in May last year, owners of farmland can apply to the government to increase the development density of their sites, but they must set aside at least 70 per cent of the increased floor area for affordable public sector housing. In return, the government will improve the infrastructural development to enhance the development intensity of the private lots and speed up various planning and project approvals.

Chief Executive Carrie Lam Cheng Yuet-ngor announced the plan in 2019 to help solve the city’s housing crunch, which she said was partly responsible for fuelling the social unrest that broke out that year. She appealed to developers to share their “social responsibility”.

More : https://www.scmp.com/business/articl...scheme-win-win
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  #1252  
Old Posted Sep 22, 2021, 7:21 PM
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Carrie Lam says Hong Kong property developers more helpful on housing, but declines to confirm report claiming Beijing making tycoons toe line
South China Morning Post Excerpt
Sep 21, 2021

Hong Kong’s leader has said developers have been more cooperative in trying to boost the housing supply in recent years, while a real estate group has revealed that property tycoons will meet this week to find out whether Beijing officials discussed the issue with individual members.

Speaking to reporters on Tuesday, Chief Executive Carrie Lam Cheng Yuet-ngor was asked whether Beijing had indeed told tycoons to throw their resources and influence behind central government efforts to ease housing woes, as reported by Reuters.

According to the report, developers in the closed-door meeting were also told “the rules of the games have changed” and that Beijing would no longer tolerate “monopoly behaviour”. Reuters did not specify when the meeting took place.

More : https://www.scmp.com/news/hong-kong/...s-more-helpful
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  #1253  
Old Posted Oct 30, 2021, 2:36 AM
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The Arles, Fo Tan

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  #1254  
Old Posted Sep 4, 2022, 3:30 AM
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Originally Posted by hkskyline View Post
Cheung Kong Center II
41 floors
News article about the redevelopment : https://www.ejinsight.com/eji/articl...ong-Center-2-0

9/8



8/29



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  #1255  
Old Posted Sep 6, 2022, 3:07 PM
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Nice to see some new towers on the Hong Kong waterfront! I think AIG and the cantilevered towers to the left (is it City Hall) were the last ones, no?
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  #1256  
Old Posted Sep 7, 2022, 3:19 AM
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Originally Posted by colemonkee View Post
Nice to see some new towers on the Hong Kong waterfront! I think AIG and the cantilevered towers to the left (is it City Hall) were the last ones, no?
I've added labels to the buildings mentioned. AIA is relatively new but the PLA building has been around for long. It used to be a UK military base before the handover (building was there already back then but recently recladded).

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  #1257  
Old Posted Mar 29, 2023, 6:42 AM
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Cheung Kong Center II

3/23









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  #1258  
Old Posted Mar 29, 2023, 2:12 PM
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Nice to see a new addition to that traditional view of the Hong Kong skyline!
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"Then each time Fleetwood would be not so much overcome by remorse as bedazzled at having been shown the secret backlands of wealth, and how sooner or later it depended on some act of murder, seldom limited to once."

Against the Day, Thomas Pynchon
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