Commercial Property
Firms welcome CIES enhancements, split on property market impact
Firms welcome CIES enhancements, split on property market impact
JLL argued that lowering the residential threshold would not significantly encourage non-local buyers.
Property sector gains as buyers seize discounted offices
Transaction value soared 65% year on year to $9.1b in the first half.
Sun Hung Kai posts $19.89b profit in FY2025
Group revenue rose 8% year on year to $90.12b.
Kowloon Bay’s The Bay Hub secures major lease with British school
The school has leased the entire first and second floors, totalling 45,272 square feet in gross floor area.
Maritime-inspired Kimpton hotel to open in Tsim Sha Tsui in September
Each room offers sea views of both eastern and western stretches of Victoria Harbour.
Fitness as a strategic asset in Hong Kong’s property landscape
Before the pandemic, big-box gyms dominated. Since the pandemic, the sector has evolved and flourished.
Property sales down by 10.4% MoM in August
There were 388,762 land register searches in August.
Hong Kong adds 194,000 sqm. of new Grade A offices since 2024
The upcoming supply pipeline remains active, with 264,300 sqm. expected to be added in H2 2025.
Hong Kong home rents rise through mid-2025
A flats recorded a yield of 3.7%, compared to 2.4% for the largest Class E flats.
Grade A office market logs 189,500 sq. ft. net absorption in July
Overall vacancy rates slightly fell during the period.
Phoenix Property Investors buys industrial site in Australia for $310.30m
The property was acquired through a joint venture with Centennial.
Prime rents jump 8.6% YoY in Q2
This makes Hong Kong the strongest performer amongst 16 major cities.
K11 Art Mall posts highest-ever traffic and full occupancy
Sales from anime and collectible toy retailers rose by more than 65% YoY.
Second round of sales at 33 Kennedy Road announced
A total of 25 units were sold in the initial sales round.
CK Asset profit drops 26.2% on $503m revaluation loss
Despite the sharp drop in headline profit, the Group's core earnings showed resilience.
Sino Land wins bid for non-industrial land in Tuen Mun
It beat seven competitors for the lease of a 4,368-sqm. site area for 50 years.
Home prices down 7.8% in Q1: report
High borrowing cost weighed the market but could improve after interest rate cut.
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