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Wheelock Properties
TOPIC
 / company

Wheelock Properties

Wheelock Properties
Wheelock Properties
The latest news, analysis and opinion on Wheelock Properties. In-depth analysis, industry insights and expert opinion.
Chairman / President
Wai Clarence
CEO / Managing Director
Wai Clarence
CFO / Finance Director
Winnie Tse
Industry
Real estate
Website
wheelockpropertieshk.com
Headquarters address
2/F, One Island South, 2 Heung Yip Road, Wong Chuk Hang, Hong Kong
Year founded
1923
Developers are set to launch new homes in the coming days and weeks. Photo: Sam Tsang
Hong Kong property

Will Beijing’s tighter capital-control rules stall Hong Kong’s housing rebound?

Developers face a crucial test as Beijing’s capital clampdown intersects with Hong Kong’s recovering housing market.

Hong Kong property

Hong Kong developers rediscover pricing power amid firmer demand

Hong Kong property

Sino Land-led consortium to invest US$1.7 billion in Northern Metropolis project

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

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.

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.

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Hong Kong property

Hong Kong buyers snap up most of 360 flats at 2 projects as confidence returns

Buyers snapped up most units on sale, even though one agent said the Middle East conflict was ‘like a bucket of cold water’ on demand.

Prospective buyers for the Cloudview project on Saturday. Wing Tai sold 149 of the 200 units released in the first round of sales for its Sheung Shui development. Photo: Dickson Lee
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.

Hong Kong property

SHKP sells all 229 Sierra Sea units on offer as buyers cautiously return

Last weekend, SHKP sold all 213 units on offer at the same project, underscoring that demand was returning to the market.

A view of Sun Hung Kai Properties’ residential development Sierra Sea, April 30, 2025. Photo: Edmond So
Hong Kong property

Hong Kong developers rush new flats as sentiment lifts, pressuring recovery

Wheelock and Kerry plan to roll out more than 4,500 units in 2026, even as analysts warn that inventory overhang may cap price gains.

Kerry Properties plans to launch more than 3,300 flats this year, including those at Lohas Park phase 13 in Tseung Kwan O. Photo: Handout
Hong Kong property

Hong Kong shipping baron’s nephew buys US$9.6 million flat in Repulse Bay

An entity linked to Raymond Pao, a nephew of the late Y.K. Pao, acquired the 2,491 sq ft, four-bedroom flat in Grand Garden on December 8.

Hong Kong property

Hong Kong hedge fund founder pays US$74.3 million for luxury Shouson Hill home

Matrix Properties, in which CoreView Capital’s Vincent Gao Leyi is a director, snaps up House 6 at the upscale No 15 Shouson Hill.

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.

The site is near the Tsuen Wan West MTR station. Photo: Google Maps
Hong Kong property

Tomson Group’s Charles Tong buys US$14.4 million Hong Kong home

The 2,335 sq ft flat at The Legacy in Mid-Levels West was handed over to the buyer on Monday.

The Legacy at 8 Castle Road, Mid-Levels West, opened for sales in September. Photo: Google
Hong Kong property

Wheelock’s Wan Chai project sells out in 2 hours amid housing rebound

Hong Kong’s latest rate cut has revived buying appetite, with Wheelock’s Wan Chai project selling out amid easing borrowing costs.

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.

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Hong Kong property

High-profile property sales add to Hong Kong’s market momentum

The flats, worth a combined US$9.4 million, were sold to entities linked to William Harry Tang, the son of ex-finance minister Henry Tang.

Kadoorie Hill, developed by Wheelock Properties, is a luxury residential project in Kowloon. Photo: Handout
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

Wharf swings to 2024 loss as write-downs add to glut, sales slump

The company posted a 2024 loss of HK$3.22 billion and set aside HK$2.02 billion in impairment provisions.

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Hong Kong property

1 in 6 Hongkongers are eyeing home purchase in next 5 years: HSBC

Around 300,000 households will be in the market, exceeding expected supply, the lender estimates.

A view of a residential estate at Mei Foo Sun Chuen, Hong Kong, on November 7, 2024. Photo: Alexander Mak
Hong Kong property

Big Hong Kong developers enter fray for Sha Tin land tender

Site STTL 625, which has an area of 5,652 square metres, can support a total of 570 units.

The tender for a land parcel located at the junction of Siu Lek Yuen Road and Sha Tin Wai Road in Sha Tin closed on Friday. Photo: Sam Tsang
Hong Kong property

Hong Kong developers to feel earnings pain amid high vacancy rates: Moody’s

Moody’s says office and retail property segments are likely to remain under pressure.

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Hong Kong property

Hong Kong eases mortgage lending restrictions to jump-start market

HKMA allows buyers to borrow up to 70% of a property’s value, with the aim of reviving the market where prices have declined by 6.2% in the year’s first eight months.

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Wharf Holdings

Wharf, REIC warn of rare losses as foot traffic falls at Hong Kong malls

The rare warnings show how Hong Kong’s consumption slump is trickling down to the bottom lines of the city’s shopping centre operators and landlords.

A view of Times Square shopping mall during the Easter public holidays on 31 March 2024. Photo: Martin Chan
Hong Kong property

Hong Kong land sale ‘far exceeds’ expectations as 11 firms submit bids

Despite the slumping property market, major developers CK Asset and Sino Land are among the firms vying for a plot of land that will support 280 flats in Sha Tin.

A view of City One Shatin on February 21, 2024. Photo: Jelly Tse
Hong Kong property

Buyers shun new flats in Tseung Kwan O, as Hong Kong home sales slow

Home purchases in Hong Kong are slowing down after an initial spate of enthusiasm sparked by the government’s rollback of cooling measures in February.

Weekend Property

Wheelock’s Park Seasons flats find buyers as discounts ease rate fears

Some analysts have expressed concern that buyers may hesitate to purchase homes should the rate cut not materialise this year.

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