Property News · July 18, 2017

Cheung Kong, Sun Hung Kai laughing all the way to the bank in world’s priciest apartment market


Hong Kong’s residential property prices, which are the highest among the world’s major urban centres, have turned the city’s two biggest developers into winners, helping them beat their 12-month sales targets half way through the year.
Cheung Kong Property Holdings, the flagship developer of Hong Kong’s wealthiest man Li Ka-shing, more than doubled its first-half revenue to HK$27.75 billion (US$3.55 billion) from selling 1,565 units in eight wholly owned or joint venture…

Source : South China Morning Post
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