Skip Ribbon Commands
Skip to main content

Case Study

Selecting the best option for a prime development site at Penha Hill

The Penha Hill district, the most prestigious, luxury residential area in Macau, has long been the preferred home address of wealthy families and major officials. And with the scarcity of freehold land in the region, the 2,569-sqm site at Penha Hill is ideal for boutique hotel or residential development and a very valuable property in the market.

Jones Lang LaSalle was appointed as Sole Agent by the landlord, a Catholic organisation, to sell this prime development site. Having evaluated all the sales methods with the client, we finally recommended the sale of the property via private tender.

Owing to our extensive client database, we were able to short-list a group of prospective purchasers with the most potential after a thorough analysis of all local and international major developers and investors.

Living up to our reputation to deliver real value to our clients, we helped sell the site to a Taiwan-based investor for around HKD 110 million, which is higher than market expectations.

All Case Studies

 

 

Hongqiao Transportation Hub, Shanghai: Exploring real estate opportunities at the world's largest transport hub/case-studies/75/hongqiao-transportation-hub-shanghai-exploring-real-estate-opportunities-at-the-worlds-largest-transport-hubHongqiao Transportation Hub, Shanghai: Exploring real estate opportunities at the world's largest transport hub​​Hongqiao Transportation Hub is a rapidly developing 27 sq km commercial district in western Shanghai, centred around the Hongqiao airport and high speed rail station.
World Trade Center Redevelopment, New York: Rebirth of an Icon/case-studies/76/world-trade-center-redevelopment-new-york-rebirth-of-an-iconWorld Trade Center Redevelopment, New York: Rebirth of an Icon​​Providing real estate expertise and advice to guide the redevelopment of New York's most prominent site.
Battersea Power Station, London: Redevelopment of a London Icon/case-studies/77/battersea-power-station-london-redevelopment-of-a-london-iconBattersea Power Station, London: Redevelopment of a London IconBattersea Power Station, dormant and derelict for nearly 50 years is undergoing revitalisation as the centrepiece of one of the city's largest and most dramatic residential and mixed-use projects.