Commercial Property
New project launch prices rebound 15%
New project launch prices rebound 15%
Developers have shifted from aggressive discounts to more assertive pricing as the housing market recovers.
28 minutes ago
Wee Hur acquires Kowloon office tower for student housing project
The project will offer about 500 beds.
1 day ago
Wee Hur enters Hong Kong student housing with Fortress Hill asset
The 19-storey development will offer 246 beds.
3 days ago
Retail leasing sentiment improves: CBRE
The city’s retail market outperformed its industrial and logistics segment in the latest sentiment index.
3 days ago
Dash Living snaps up Wan Chai property for $400m
The asset was acquired at over 60% below its pre-COVID asking price.
Development Bureau introduces land, tenancy reforms
The gov’t allows greater flexibility for short-term tenancies, with some sites eligible for up to 21 years.
World-Wide House top floors up for sale in Central
The receivership asset comprises two adjoining full-floor offices with vacant possession.
The Executive Centre opens upgraded workspace at One IFC
The floor features a lounge with interiors inspired by waves and the city skyline.
Hong Kong office fit-out costs rise 1.5% on metal price spike
Contractors no longer cut bids as office leasing demand rebounds.
Northern Metropolis may reshape GRE sector: report
The project could cost more than $360b and increase borrowing by government-related entities.
Gough Street building fetches $277m in Hong Kong auction
The Central asset has a mixed-use redevelopment potential.
Central office vacancy falls in April as market holds steady
JLL data showed rents rising 2.1% in top-tier buildings amidst steady demand.
Colliers Hong Kong taps Adrian Tand amidst industrial sector shift
The veteran property adviser will oversee industrial strategy and client advisory services.
CRE investments rise 41% to $12.5 in Q1
JLL said easing financing conditions and education-related demand supported activity.
Fit-out costs remain high but below Japan: report
The city may see a turnaround as financial firms return and Singapore faces Grade-A space constraints.
Hong Kong rents sit 60% below pre-covid peaks
Tier one tourist corridors dominate demand while second and third tier retail zones face stagnant leasing growth.
San Po Kong industrial asset on market with redevelopment prospects
The site covers about 5,700 sq ft and is designated for industrial and/or godown use.
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