March 17, 2025 - 11:02
Hong Kong property developer Lee Shau Kee, a prominent figure in the city's real estate landscape, has passed away at the age of 97. Known for his visionary leadership and entrepreneurial spirit, Lee was instrumental in shaping the modern skyline of Hong Kong through his extensive real estate ventures.
Lee founded Henderson Land Development Company, which became one of the largest property development firms in the region. His contributions to the industry extended beyond mere construction; he was a key player in urban development and played a significant role in the city's economic growth. Under his guidance, the company developed numerous iconic residential and commercial properties, making a lasting impact on Hong Kong's urban environment.
Beyond his business achievements, Lee was also recognized for his philanthropic efforts, supporting various educational and charitable initiatives. His legacy will undoubtedly be felt for generations to come, as he leaves behind a profound influence on both the real estate sector and the community at large.
June 15, 2025 - 01:59
Home Prices Expected to Rise in 2025, According to NAR ForecastThe National Association of Realtors (NAR) anticipates a 3% increase in home prices across the United States in 2025. This projected growth is largely attributed to a resurgence in housing sales...
June 14, 2025 - 02:38
Historic GE Headquarters in Fort Point Sold for $57 MillionBOSTON — The building in Boston’s Fort Point neighborhood that once served as General Electric’s temporary headquarters has been sold for just over $57 million. This transaction comes at a...
June 13, 2025 - 09:39
Will the New Tax on Non-Owner-Occupied Mansions Attract Celebrities to Rhode Island?As discussions intensify around the newly proposed tax on non-owner-occupied mansions, local real estate stakeholders are expressing concerns about its potential impact. Dubbed the `Taylor Swift...
June 12, 2025 - 21:48
California Attorney General Takes Action Against SoCal Landlord for Tenant ExploitationIn a significant legal move, California Attorney General Rob Bonta has initiated a lawsuit against prominent Southern California landlord Mike Nijjar. This action follows an extensive three-year...