Commercial Property
Hong Kong’s Buildings Department approves 20 building plans in January
The department has also issued 20 occupation permits across different locations.
CBRE leads Hong Kong’s commercial real estate sector in 2023
CBRE was also the global lead for the 13th consecutive time last year.
JLL sets opening bid prices for 3 commercial floors at Harbourfront Landmark
Bidding starts at $163m and $487m for the 3/F and 5/F & 6/F, respectively.
Grade A building prices to fall 10% in 2024: Savills HK
High interest rates are deterring investors.
Hongkong Land trims its debt by 7% in 2023
S&P Global expects HKL’s luxury retail segment to drive growth in 2024.
CRE investors bullish on Singapore and Hong Kong retail revival
Wealthy investors from Europe and Taiwan are showing interest in investing in Singapore.
Hong Kong property transactions down 3.7% in February: report
But value rose more than threefold, partly thanks to a sale of a shopping mall.
Yuen Long Town Lot No. 545 up for sale via tender
The tender starts on 15 March 2024 and ends on 28 June 2024.
Hongkong Land sees challenges in HK office, resilient retail: report
HK office reversion is expected to remain negative into 2024 whilst retail sees ongoing demand.
New malls to boost MTR Corp’s revenue in 2024
Transpo operations are also expected to make stronger earnings contributions this year.
Kwai Chung building up for sale via tender
Parties can submit bids until 30 April, noon.
23rd floor of Bank of America Tower and 3 car parks up for sale
The property is ready for use.
Gov’t launches tender for EV charging station site
The public tender will close on 10 May.
En-bloc commercial buildings in Cheung Sha Wan up for sale
The property is valued at approximately $200m.
One Causeway Bay to be up for lease
The redeveloped building will provide around 500,000 sq ft of office space.
Commercial floors at Harbourfront Landmark in Hung Hom up for auction
The bid price for the properties will be revealed nearer to the auction date.
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