-+ 0.00%
-+ 0.00%
-+ 0.00%
Southeast Asia Properties & Finance agrees to buy Carmen Garden for HK$ 128 million
Share
Listen to the news
Southeast Asia Properties & Finance agrees to buy Carmen Garden for HK$ 128 million
  • Southeast Asia Properties & Finance agreed on October 30, 2026, to acquire Carmen Garden in Hong Kong for HK$ 128 million.
  • Wholly owned subsidiary Grampian Realty is buying the property, including five parking spaces, from Speedy Action Development.
  • Completion is due by January 29, 2027; the group plans to demolish the existing building for residential redevelopment.
  • A HK$ 12.8 million deposit has been paid, with the HK$ 115.2 million balance due at completion.
  • The acquisition will be funded through internal resources and bank borrowings.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Southeast Asia Properties & Finance Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261030-12391685), on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending