Commercial Property

Buildings Department approves 7 building plans in September

It also issued 16 occupation permits.
6 days ago

Buildings Department approves 7 building plans in September

It also issued 16 occupation permits.
6 days ago

Hongkong Land’s Q3 profit rises on China build-to-sell completions

However, the company will no longer pursue new standalone build-to-sell projects.

Whole 13th floor of office space in Tsim Sha Tsui up for sale

This is the first time in nearly 40 years that the property has been listed for sale.

HK sees negative net absorption in Q3 after 4 positive quarters

Net absorption fell to -0.02 million square meters.

Country Garden's contracted sales hit $4.68B in October

Meanwhile, its GFA attributable to the shareholders reached 0.45 million sqm.

Commercial real estate downturn spreads to banks

Post-pandemic recoveries in HK and the mainland were weaker than expected. 

Investor demand fuels industrial property growth in Q3

Notable transactions include JINGDONG buying Li Fung Centre for $1.8b.

HK introduces new public housing estates design guide

A team researched 26 housing estates and collected opinions from 3,000 residents.

Hong Kong hotel investment to drop 35% YoY in 2024

JLL said investors are becoming more selective.

Wet goods stalls auction revenue drops 31.39%

The average bid price for the wet goods stalls was $20,316.

Landlords turn to semi-retail tenants as office vacancy pressure mounts

They have also been offering attractive leasing packages to secure tenants.

HK industrial leasing demand remains sluggish

Third-party logistics firms and the automotive sector are leading leasing activity. Hong Kong's industrial and logistics leasing demand remains...

Ginza-style commercial building in neighbourhood areas attracts local consumption

Ginza-style commercial buildings were previously mostly concentrated in core areas, such as Causeway Bay, Tsim Sha Tsui and Mong Kok, to attract...