Real Estate Development

FE CONSORT INTL

Far East Develoment and Chow Tai Fook Completed Acquisition of 50% Equity of DBC from The Star Group

New World Development and Far East Development's Kowloon Bay Bok Wai Sen Series Sold 3 Units for HKD 23 Million Yesterday

New World Development and Far East Development's project Bok Wai Sen series first sale of parking spaces

Kai Tak Beauvista Project Launches Additional Two-Bedroom Units for Tender Sale

New World Development and Sun Hung Kai Properties' Collaboration Project Beacon Hill Continues to Sell Well

Far East Development Chairman Discusses Company Operations and Hong Kong Property Market Trends

FE CONSORT INTL released FY2026 Q1 earnings on November 27, 2025 (BJT), actual revenue HKD 1.878 B, actual EPS HKD -0.1615

FE CONSORT INTL released FY2026 Q2 earnings on November 27 After-Market BJT, actual revenue HKD 1.878 B, actual EPS HKD -0.1615

FE CONSORT INTL released FY2026 Semi-Annual Earnings on November 27 After-Market (BJT), actual revenue HKD 3.756 B, actual EPS HKD -0.3231

FE CONSORT INTL FY2026 Semi-Annual Earnings Release on November 27, 2025 (BJT)

NWS and YFD's Kwai Tak Mansion Sold 109 Units for Over HK$800 Million

New World Development and Far East Development's Joint Property Project Sales Booming

NWS Holdings and YFD Developments Open Sales for The PAVILIA FOREST III

New World and Far East Development's Kai Tak Park Residential Luxury Homes Selling Well

NWS and Far East Development's Luxury Project 'Bergwood' Sold 9 Units Over the Weekend

New World and YOHO Upload Sales Arrangements for Potomac II and Open Units to Media for Viewing

New World Development and Far East Development's Joint Project Park Austin Sold 5 Units for HKD 46.723 Million on a Single Day

Kai Tak Runway Residential 'Berkley Easton' Sells 4 Units for Over HK$33.384 Million in Weekend Sales

New World and Far East Development Jointly Selling Kai Tak Luxury Property Porusen

Chiu Tat Shing Increases Holdings in Far East Development

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

00035

FE CONSORT INTL's bond prices plummeted, marking the largest single-day decline since the end of 2022. Despite JP Morgan predicting that Hong Kong property prices may rise by 15%, small and medium-sized developers still face liquidity pressures, with their situation less stable than that of large enterprises. Reports indicate that FE CONSORT INTL has postponed the distribution of a $360 million perpetual capital note to the next payment date, marking the company's first such action

AASTOCKS

FE CONSORT INTL bond prices plummet; foreign media: local small and medium-sized developers still face liquidity pressure

512200

159768

00016

515060

00488

Hong Kong's small property developers are facing liquidity issues despite a recovering real estate market. Far East Consortium International recently deferred a payment on a US$360 million bond, marking a significant drop in its bond prices. While larger firms like Sun Hung Kai Properties benefit from improved conditions, smaller developers struggle with older assets and slower commercial recovery. Companies like Lai Sun Development and Lifestyle International Holdings are negotiating debt extensions, but banks are hesitant, leading to prolonged financial challenges. Without new equity or asset sales, these issues are expected to continue.

Businesstimes News

China Southern CSI All Share Real Estate ETF

Yinhua CSI Interior Real Estate Theme ETF

SHK PPT

ChinaAMC CSI All Share Real Estate ETF

LAI SUN DEV

Hong Kong’s small builder debt woes mount despite property rally

00017

00825

The Kai Tak Phase 1 project, a collaboration between New World Development and FE CONSORT INTL, recently sold two properties through a bidding process, with a total transaction price of HKD 25.617 million. Among them, Unit A on the 19th floor of Block III at the project was sold for HKD 17.557 million, setting a new record for the project, with a price per square foot of HKD 26,362. Since its launch, the project has sold 912 units, cashing out over HKD 6.6 billion

NEW WORLD DEV

NWDS CHINA

The new project "Kai Tak Parkview" sold a three-bedroom sea view unit for HKD 17.557 million, setting a new high for the project

CBRE has been entrusted to sell the entire 9th floor of the East Financial Center in Admiralty, with a building area of approximately 10,800 square feet. The selling price has been reduced from HKD 25,000 per square foot to HKD 18,000 per square foot. Recently, the office market in Admiralty and Central has shown a strong recovery, with frequent transactions of high-quality office spaces, indicating a surge in corporate demand for assets in core areas

The entire 9th floor of the Far East Finance Center in Admiralty is for sale, with a asking price of HKD 18,000 per square foot

A Hong Kong property tycoon, David Chiu, has urged a cautious approach to the city's development amid global uncertainties, emphasizing that investment in the Northern Metropolis depends on market health. He criticized the new land disposal approach for potentially sidelining smaller developers. Chiu highlighted the impact of global events on fuel prices and interest rates, warning against hasty decisions. While optimistic about a 15% rise in property prices over the next few years, he expressed concerns about the challenges posed by the government's development strategy for smaller firms. Chiu also suggested attracting more real estate investment trusts to Hong Kong.

- A Hong Kong real estate tycoon urges a cautious approach to urban development amid increasing global uncertainty, emphasizing market health as key to investment willingness in the Northern Metropolis project.  
- He warns that rising fuel prices could impact Hong Kong's economy due to influences from geopolitical tensions, pointing out that many developers are currently focused on debt reduction.  
- While optimistic about the residential market's potential to rise by 15% in the next two to three years, he notes that small developers may struggle under new land disposal requirements intended to accelerate large-scale projects.

SCMP

Hong Kong tycoon urges prudent approach to development amid global uncertainty

159707

159940

National Committee of the Chinese People's Political Consultative Conference Standing Committee member Qiu Dachang expects Hong Kong property prices to rise by 15% in the next two years. He pointed out that the situation in the Middle East may affect investment, but the impact on Hong Kong is minimal. He is concerned that rising oil prices and inflation may lead to higher interest rates, affecting the capital market. Qiu Dachang mentioned that Hong Kong real estate needs to attract more funds and expressed concern over the timing of the government's increase in stamp duty on luxury property transactions. He also mentioned the group's land investment plans in the Northern Metropolis and suggested attracting more mainland real estate investment trusts to list in Hong Kong

Hwabao WP CSI 800 Real Estate ETF

GF CSI All Share Financials ETF

Qiu Dachang estimates that Hong Kong property prices will rise by 15% in the next two years and will continue to participate in land investment in Beidu

00752

Far East Consortium International has agreed to sell a UK office property for £18 million and extend a £38.2 million loan to the buyer. The total transaction value is £65.2 million, with expected net proceeds of £19 million for working capital. This aligns with the company's strategy to divest non-core assets. The transactions are discloseable under Hong Kong listing rules, requiring reporting to stakeholders. The latest analyst rating for the stock is a Hold with a price target of HK$0.85.

Tip Ranks

PICO FAR EAST

Far East Consortium Sells UK Office and Extends Loan in Discloseable Deal

The Kai Tak Parkview series, a collaboration between New World Development and FE CONSORT INTL, recently sold 3 units, cashing out HKD 23 million. Among them, Unit J on the 17th floor of Block II of Parkview sold for HKD 6.264 million, with a price per square foot of HKD 22,134, setting a new high for similar unit types. Since the completion of the building, the Parkview series has sold 239 units, cashing out over HKD 1.8 billion, and a total of 896 units have been sold since the launch, cashing out over HKD 6.4 billion

"Harbour Building" Kai Tak Parkview sold 3 units, with both the selling price and price per square foot of the sea view one-bedroom setting new highs for similar unit types

FE CONSORT INTL(00035.HK)