Hong Fok discloses S$3.05 billion property valuations as at Dec 31, 2025

Reuters
02/27
Hong Fok discloses S$3.05 billion property valuations as at Dec 31, 2025

Hong Fok Corporation Ltd. disclosed the latest valuations of its real estate assets as at 31 December 2025, covering commercial, residential and hospitality properties in Singapore and Hong Kong. Key valuations include S$1.6194 billion for the retail and office units at The Concourse (Beach Road), S$826.0 million for YOTEL Singapore Orchard Road and related car park lots, and S$533.2 million for International Building on Orchard Road. Additional Singapore assets were valued at S$25.8 million for retail units at Concourse Skyline, S$14.11 million for eight residential units at Concourse Skyline, and S$36.33 million for 362 and 364 Orchard Road. In Hong Kong, Magazine Gap Towers was valued at HK$1.487 billion and Magazine Heights at HK$1.305 billion, with smaller holdings at The Icon valued at HK$10.0 million for eight parking spaces and HK$0.7 million for the upper roof.

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. Hong Fok Corporation Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 8MYQPHG8Y2ATQE1D) on February 27, 2026, and is solely responsible for the information contained therein.

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