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K Wah International
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K Wah International

K Wah International
K Wah International
K Wah International Holdings invests in and develops real estate in Hong Kong, China, and Southeast Asia. It owns a controlling stake in K Wah Construction Materials, which sells and distributes concrete pipes and aggregates; and makes and distributes ready-mixed concrete and precast concrete products.
The latest prices at Sino Land’s La Mirabelle project in Tseung Kwan O, pictured on April 19, were about 10 per cent higher than nearby projects in January 2025. Photo: Jelly Tse
Hong Kong property

Hong Kong developers rediscover pricing power amid firmer demand

Developers ‘no longer relying on discounted pricing to drive sales’, with popular projects recording double-digit increases, JLL says.

Hong Kong property

‘Aggressive pricing’: Able Engineering tops titans’ bids in Hong Kong land sale

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Hong Kong property

Hong Kong homebuyers flock to new launches as flats sell out swiftly

Banking & finance

Hong Kong buyers snap up more than 180 new homes as market confidence returns

About 70 per cent of buyers were end users and 30 per cent investors, with mainland buyers accounting for about 20 per cent of the total.

Prospective buyers queue at the Lai Chi Kok sales office of The Pavilia Farm III to secure flats at the Tai Wai Station development on Saturday. Photo: Jelly Tse
Hong Kong property

Hong Kong home sales outlook firm even as La Mirabelle demand ebbs

Developers prioritise sales continuity, keeping pricing close to prevailing secondary market levels to ensure consistent absorption.

Hong Kong property

Developers line up 1,300 Hong Kong flats as sentiment improves, prices tick higher

New projects across the city draw steady demand, with selective price increases reflecting improved homebuying sentiment.

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Hong Kong property

Brisk flat sales at Hong Kong project as buyers unfazed by potential rate hikes

Flats at La Mirabelle in Tseung Kwan O range from 360 sq ft to 558 sq ft and with layouts of one to two bedrooms.

Flats in La Mirabelle are priced between HK$5.93 million and HK$8.99 million. Photo: Handout
Hong Kong property

Hong Kong developers test homebuyers with price increases after sell-outs

‘This is a classic recovery-phase strategy: testing price elasticity without undermining the building momentum,’ an analyst says.

Hong Kong property

La Mirabelle sells in hours as developers ramp up sales, buyers fret over rates

All 254 Tseung Kwan O flats snapped up as developers step up supply and demand stays firm.

Hong Kong economy

Hong Kong tycoons say Middle East outlook remains promising despite conflict

New World scion Adrian Cheng highlights city’s status as safe haven for capital; K Wah’s Francis Lui says property and stocks holding firm.

Iran has launched retaliatory strikes at targets in Dubai. AFP
Hong Kong property

Hong Kong home sales head for 22-year high as developers test price resilience

Deep discounts that were offered by developers to reduce unsold inventory may be a thing of the past, analysts say.

Aerial view of residential buildings in Tseung Kwan O. Photo: Sam Tsang
Hong Kong property

Kerry Properties secures Hong Kong’s latest residential plot for US$177 million

Kerry beat seven bidders for the rights to develop a residential project on the 1,349-square-metre parcel in the Eastern district.

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Hong Kong property

Hong Kong land fetches US$230 million as Chinese developer outbids city rivals

China Overseas Land & Investment beats eight rivals to secure a 50-year lease for a 33,712 sq ft housing plot in Ngau Tau Kok.

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Hong Kong property

Hong Kong homebuyers keep up demand as new launches draw brisk sales

Two-thirds of Park Seasons’ latest batch sold by midafternoon on Saturday, while Kabitat Tin Hau sold out a day earlier.

The Kabitat in Tin Hau. Photo: Handout
Hong Kong property

Hong Kong’s Sino Land and Great Eagle secure Kowloon site for US$206 million

Acquisition of 41,226 sq ft plot – which could yield 570 homes – reflects confidence in the property market’s recovery as sales rebound.

Sino Land says the site will benefit from an extensive transport network and strong connectivity to major commercial hubs. Photo: Jelly Tse
Hong Kong property

Chinachem secures plot in Hong Kong’s Tsuen Wan for US$318 million

Private developer outbids eight others for the site, which is expected to yield 780 flats.

Hong Kong property

Hong Kong property: Grand Mayfair III, Woodis see brisk sales as market picks up

Buyers acquired 71 of 138 units by late Sunday afternoon at the 680-unit Grand Mayfair III project led by Sino Land.

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Hong Kong

Great Eagle insiders snap up 6 residential units as Hong Kong market improves

Two units at Emperor Group’s MVP project in Mid-Levels were bought by Rising Dynamic and Rising Joyful for a total of HK$20.3 million.

The MVP project in Mid-Levels, where buyers associated with Great Eagle bought two units. Photo: Handout
Hong Kong property

Sino Land chairman Daryl Ng sees positive signs for Hong Kong’s property market

It is heartening to see strong sales performance for new developments across various districts, Daryl Ng says.

Hong Kong property

Grand Mayfair III sells all units amid stabilising Hong Kong property market

The developers priced the units at an average of HK$13,938 (US$1,795) per square foot, about 20 per cent cheaper than the first phase.

Hong Kong property

Hong Kong developer Great Eagle’s executives jointly acquire US$1.5 million flat

Rising Thrive, an entity linked to Great Eagle’s executives, bought a 773 sq ft flat in Grand Mayfair in Kam Tin South.

An illustration of Grand Mayfair II. A three-bedroom unit at the project sold for nearly HK$12 million to Rising Thrive Limited, among whose directors is a son of Great Eagle chairman Lo Ka-shui. Photo: Handout
Hong Kong property

K. Wah International prices new Tin Hau units at higher level than neighbour

Kabitat Tin Hau project is located at 33 King’s Road and is near an MTR station, firm says.

K. Wah International’s the Kabitat in Tin Hau. Photo: SCMPOST
Hong Kong property

Hong Kong builders rush to sell 200 flats amid rate-cut optimism

After more than two years of new flats selling for less than second-hand units, the price gap has started to narrow, analyst says.

Sino Land Co

Sino Land wins Tuen Mun land tender with HK$1 billion bid as market improves

The transaction marks the Hong Kong government’s first residential plot sale this financial year.

Hong Kong property

Buyers forfeit deposits on Grand Mayfair project after market slump

Buyers of 19 flats in Yuen Long project cancelled their contracts on Tuesday, project developers say.

Buyers flock to buy flats on offer at Grand Mayfair in Yuen Long in May 2022. Photo: K.Y. Cheng
Macau

Macau’s Galaxy boss: open Hengqin Island to address hotel shortage

Development of the island, which is three times Macau’s size, would boost the economy and its diversification, Francis Lui Yiu-tung says.

According to Galaxy’s estimates, Macau needs at least 15,000 more hotel rooms. Photo: Shutterstock
Hong Kong property

4 Hong Kong developers submit bids for Tung Chung residential land

Government put the plot on the market in 2023 but withdrew it when bids were judged to be underwhelming.

Casinos

Galaxy Entertainment names founder Lui Che-woo’s son as chairman

Francis Lui, 69, has been the deputy chairman of the company since 1997.

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