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HEADLINE NEWS August 27, 2025


MACAO
Wynn targets 2028 opening for Cotai event centre
The casino operator has put aside a range of US$200 million to US$250 million in capital expenditure for this year, with Chairman's Club at Wynn Palace and Wynn Tower at Wynn Macau slated for upgrades <Read more>

Public Sports Park Construction Project (Phase I) - Tender Notice
The Public Sports Park, located on the former site of the Yat Yuen Canidrome, covers an area of 40,425 square meters. The site is functionally divided into four main buildings and an outdoor athletics field ... <Read more>

Ponte 16's US$77M expansion plan launched
Following government approval last November, secured through an amendment to the site's land-concession, the project is now authorized to expand its footprint by 9,217 square metres, supplementing the existing 9,424-square-metre site. The upgraded complex ... <Read more>

HONG KONG
Yuen Mun LPH project to complete in Q3 2026
The entire LPH project at Yan Po Road will provide about 5,600 units in total and is expected to be completed in the third quarter of 2026. The project is relatively larger in scale, it is divided into two separate contracts to encourage participation from different experienced ... <Read more>

Hostels in the City Scheme opens for applications
The Hong Kong SAR Government's Development Bureau and Education Bureau have launched the Hostels in the City Scheme, aimed at boosting student accommodation by facilitating the conversion of commercial buildings into privately funded student hostels <Read more>

Design work commenced on Hong Kong-Shenzhen Western Rail Link
It aims to have the project ready for tendering in 2027, and to achieve completion of construction works in 2034. The 18-km link runs underground from Hung Shui Kiu to Qianhai, with the Hong Kong section taking up 7.3 km and the Shenzhen section running about 10.8 km long <Read more>

A residential site in Tsuen Wan will be sold by auction
Unveiling the Land Sale Programme for the second quarter of this financial year, Secretary for Development Bernadette Linn said the site is situated in a mature neighbourhood with comprehensive surrounding facilities and traffic network <Read more>

Proposal for 7 high-rise residential towers in the WKCD
In a policy shift announced last year, the government will now allow partial sale of property rights in the West Kowloon District, replacing the previous "lease-only" model. All proceeds from future sales will be retained by the West Kowloon Cultural District Authority, with no ... <Read more>

Phase 1 of Site 3 at Central Harbourfront scheduled for completion in Q4 2026
The flagship development at Central Harbourfront boasts a gross floor area (GFA) of over 1.6 million square feet and stretches approximately 400 meters in length. The project includes Grade A office and ancillary space...<Read more>

2 sites granted to URA
The HKSAR Government announced that a site at Bailey Street, Hung Hom, and a site in Tseung Kwan O Area 137 are granted to the Urban Renewal Authority (URA) by private treaty. The two sites to be rezoned for residential use will be granted for 50 years from the date of execution through statutory town planning procedures ... <Read more>

New waterfront landmark planned near Hung Hom Station
The aim is to create a modern entertainment, dining, and leisure hub. The master plan includes high-rise outdoor recreational facilities such as skywalks, slides, and zip lines, as well as waterfront amenities such as yacht berths and water-based leisure activities...<Read more>

Work to commence on 10 building projects
15 building plans approved in March, including 8 apartment and apartment/commercial developments. Consent was given for works to start on 10 building projects, which, when completed, will provide 74,150 sq m of gross floor area for domestic and 28,202 sq m of gross floor area ..<Read more>

Marina development plans received
The invitation for the expressions of interest (EOI) for a marina development at the Aberdeen Typhoon Shelter expansion area closed on April 24, with the Development Bureau of the Hong Kong SAR Government, receiving eight submissions. The organisations making the submissions include local and overseas developers ... <Read more>

Northern Railway Scheme approved
The Hong Kong government has officially authorized the Northern Link (NOL) Main Line railway scheme, marking a significant step toward enhancing regional connectivity. According to government officials, the NOL Main Line will serve as the primary transportation backbone of the Northern Metropolis, unlocking the development ... <Read more>

Three tourism projects under planning
The Development Bureau recently invited the market to submit expressions of interest for eco-tourism development proposals at ex-Lamma quarry site, South Lantau Eco-Recreation Corridor, and Pak Nai and Tsim Bei Tsui. The three projects involve developing the ex-Lamma quarry site into an area for resort and outdoor recreational ... <Read more>

22 EOI received for Northern Metropolis
The Development Bureau invited the market to submit expressions of interest (EOI) for the three pilot areas of large-scale land disposal in Hung Shui Kiu/Ha Tsuen New Development Area, Fanling North New Development Area and San Tin Technopole on December 31, 2024. The invitation for the EOI closed on March 31, and ... <Read more>

Capital works expenditure expected to reach HK$120 billion annually
The Hong Kong Special Administrative Region (HKSAR) government has unveiled its 2025-26 financial budget, emphasizing fiscal discipline, innovation, and sustainable growth. This year's budget introduces a suite of initiatives to support infrastructure development and ... <Read more>

Green transit system plans to invite tenders in 2026
The Hong Kong SAR Government has recently received 27 expression of interest (EOI) submissions for the Smart & Green Mass Transit System (SGMTS) project in the Hung Shui Kiu/Ha Tsuen and Yuen Long South New Development Areas (NDAs).The Transport Department ... <Read more>

Proposed construction of 50,000 residential units in Tseung Kwan O
The HKSAR government has recently announced a significant plan involving the reclamation works in Tseung Kwan O Areas 137 and 132. This initiative aims to provide more residential units and necessary public facilities to support the long-term development of Tseung Kwan O <Read more>

San Tin Technopole awards contracts worth over HKD580 million
The Civil Engineering and Development Department has recently signed a contract worth approximately HKD228 million with Kuly Construction & Engineering Co Ltd for the Phase 1, Stage 1 (East) development...<Read more>

SKYTOPIA - Airport City's new brand presented
Airport Authority Hong Kong presented the Airport City blueprint to the business community at a major event earlier as the new brand of the development... <Read more>

LANDMARK announced HK$7.8 billion upgrade plan
Hongkong Land's strategic investment of HK$3.1 billion in LANDMARK reinforces Central, Hong Kong as a world-class destination for luxury retail, lifestyle and business. Hongkong Land estimates... <Read more>

Artist Square Towers Project construction in progress
Comprises three commercial buildings with a total GFA of approximately 65,000 sq m

SHKP's Mong Kok large-scale commercial project approved
Preliminary works are underway for the project, which features a 53-storey main tower reaching a height of 320 metres above the principal datum. Once completed, it will become the second tallest ... <Read more>

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