Commercial Property
Smaller land parcels key in boosting developer participation
Smaller land parcels key in boosting developer participation
The government should simplify land sales conditions and divide sites into smaller parcels to attract more developers, JLL said.
Hong Kong’s REIT market may grow with regulatory reforms: Deloitte
Introducing corporate REIT structures and easing property holding rules could address these challenges, says Deloitte.
Hongkong Land launches new Centricity app for office tenants
It aims to give a more personalised and seamless access to the company’s services.
Hong Kong property prices plunge amidst rising foreclosures
Banks are moving to recover missed mortgage payments.
Hong Kong REIT’s current regulations hinder market growth
H-REITs operate under a unit trust structure leading to capital-raising challenges.
Grade A office rents may drop 5-10% in 2025 amid weak demand
Retail rents for both High Street shops and Prime shopping centers may decline by 0-5% in 2025.
Home prices may rise up to 5% amid strong first-hand sales demand
Transactions may reach 55,000-58,000 units, driven by first-hand sales contributing 35-40%, the highest level since 2004.
Don’t let ESG gaps affect your asset’s value
The day when ‘brown discounts’ on property become a genuine concern for stakeholders is drawing nearer. A brown discount is an asset’s loss in value...
Hong Kong construction output up 4.8% YoY in Q3
Public sector construction increased 29.8% to $30.4b nominally.
Land sales revenue falls behind fiscal goal, totaling $3.7b by October
It represents only 11.2% of the government's target of $33b.
Bonhams builds new headquarters in Hong Kong
It joins Sotheby’s, Phillips, and Christie’s, which have all upgraded their local spaces.
New World completes sale of full stake in Kai Tak Sports Park to CTFE
The completion was done on 29 November.
HK announces 3 pilot areas of land disposal in Northern Metropolis
Each pilot area covers private residential, industry, and public facility sites.
HK is seventh most active real estate market in APAC
However, the office rental growth index has been in decline since 2023.
Buildings Department approves 7 building plans in September
It also issued 16 occupation permits.
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.
Read Here
Advertise
Sign Up
Commentary
Don’t let ESG gaps affect your asset’s value