Commercial Property

URA swings to $338m surplus after three years of losses

URA swings to $338m surplus after three years of losses

The authority adjusted strategies as the property market remains volatile.
25 minutes ago

Sofa Bar Livehouse to open first Hong Kong venue by end-September

Chengdu-based operator will occupy the space at 60 Wyndham Street.
2 days ago

Commercial property investment surges 129% to $24.3b in Q2

For the first half, investment volume rose 90% to $36.9b (US$4.7b).
6 days ago

Hang Lung appoints Leo Tsoi as CEO and executive director

The Toys “R” Us Asia chief will assume the top role on 1 October.
6 days ago

Hong Kong park’s research push hinges on smoother cross-border flows

More than 90 tech companies have agreed to establish a presence.

Prime street shop rents tipped to rise by up to 10%: Knight Frank

But, rental reversions at mid-tier shopping centres remain negative.

Hongkong Land’s Singapore fund to acquire $1.1b Wheelock Place

SCPREF’s AUM to rise to $9.4b from $8.2b upon completion. 

Tsim Sha Tsui redevelopment site on Granville Road launched for tender

It could accommodate a project with a gross floor area of up to 148,104 sq. ft.

Hongkong Land profit jumps to $10.2b in H1

Revenue fell to $4.96b (US$632.7m) from $5.89b (US$751.2m).

Sheung Wan’s MOETOWN hotel up for sale at $360m

The six-year-old property comprises 45 guest rooms and a sky gym.

Three Harbourfront Landmark commercial floors up for sale

The floors have a combined GFA of 73,820 sq ft.

Central office rents may rise 10%-15% in 2026: JLL

Residential transactions reached their highest monthly level since Hong Kong removed its property cooling measures.

North Point redevelopment site offered for private sale

The vacant property can be developed for residential, office, commercial, or hotel use.

Kowloon City elderly care site launched for tender

The approved redevelopment scheme could provide 141 beds across an 11-storey care home.

Northern Metropolis strains Hong Kong’s funding model

Broader cost estimates and heavier government-linked borrowing sharpen pressure to bring private capital into the HK$360b project.

Storage consolidation drags logistics rents down 12.5%

The city remained more expensive than Singapore in US dollar terms. 

SC Capital acquires townhouse compound in Chung Hom Kok, Hong Kong

The group plans to reposition it as a luxury residential development.