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















