Tuesday, February 11, 2020

Top 10 Property Developers in Hong Kong: The Definitive Guide

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Top 10 Property Developers in Hong Kong: The Definitive Guide
Top 10 Property Developers in Hong Kong: The Definitive Guide
Top 10 Property Developers in Hong Kong: The Definitive Guide

Top builders and developers in   Hongkong
Top builders and developers in   Hongkong

Hong Kong has one of the hottest real estate markets in the world and plenty of local and overseas property developers.

Interestingly, many of these companies have founders and CEOs that are some of the wealthiest in Asia, or even in the whole world.

Some focus on building commercial property, like hotels and shopping malls, while others build big apartment complexes and condominiums.

In this article, I’ve listed some of the biggest property developers in Hong Kong. You’ll learn when the companies established, who their founders are, what kind of property they build, and more.

1. Sun Hung Kai Properties
Founded by Kwok Tak Seng in 1863, Sun Hung Kai Properties Ltd. is one of the top 5 real estate developers in the world and the largest developer in Asia. It’s also the fastest growing developer.
2. Henderson Land Development Co. Ltd.
3. Great Eagle Holdings Ltd.
4. Wheelock Properties (Hong Kong) Ltd.
5. Cheung Kong (Holdings) Ltd.
6. Nan Fung Group
7. Pacific Century Premium Developments
8. New World Development
9. Kerry Properties
10. Sino Group
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Frequently Asked Questions
1. What are the different documents that I need to check before purchasing a property?
It is important to check and verify documents like the layout plan, building plan, occupation certificate etc.before you purchase a property.

2. Do I require to pay stamp duty on the market value of the property or on the sum mentioned in the agreement?
You will be required to pay stamp duty on which ever amount is higher.

3. Is there a difference in the carpet area, built-up area and super built-up area?
There is a difference between the carpet, built-up, super built-up area. You should always ask the builder about all these areas and then decide on purchasing the property.

4. Can I invest in a property in India in case I am an NRI?
Yes, Non Resident Indians and Persons of Indian Origin are legally entitled to purchase a property in India. Builders and developers in Chandigarh are more than willing to guide you through the buying process.

5. How much commission do builders charge?

Builders charge a commission of approximately 1% to 5% per property sold.

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