Commercial Property
Office unit at No. 9 Queen’s Road Central listed for $250m
Office unit at No. 9 Queen’s Road Central listed for $250m
The indicative asking price is $250m, or about $18,222 per square foot—lower than recent transactions in the same building.
Gov't issues resumption notices to 18 private lots for Hung Shui Kiu/Ha Tsuen New Development Area
The private lots will be taken back by the government on 9 August.
Hong Kong office demand shifts to smaller units in early 2025: Colliers
Office cap rates ranged from 3.10% to 4.10%, retail from 3.25% to 5.00%, and industrial from 3.00% to 4.10%.
HKEX to establish new headquarters at One Exchange Square
HKEX bought the asset for $6.3b from Hongkong Land.
Gov’t approves 5 building plans in February
The projects were located across Hong Kong Island, Kowloon, and the New Territories.
Hong Kong property values, rents fall across sectors in Q1: JLL
Despite this, leasing activity in the office, retail, and residential sectors held firm.
THE HEDON in Causeway Bay listed for sale
The 27-storey property offers a total gross floor area of approximately 46,183 square feet.
Real estate investment volumes up by almost 50% in Q1
However, overall investor sentiment remained subdued as interest rates remained high.
Wanda Hotel Development announces major disposal of hotel management subsidiary
Classified as a "very substantial disposal" under HKEX rules.
Urban renewal draft plan for Sai Yee Street, Flower Market Road approved
The plan covers about 29,315 square metres
Prime office rents decline as vacancy rate climbs
The city’s office vacancy rate climbed to 13.6%.
Gov’t launches pilot scheme to boost use of commercial public spaces
It aims to make better use of underused spaces.
Hong Kong ranks amongst costliest cities for office fit-outs
Hong Kong emerged as one of the most expensive cities globally.
Portfolio of 19 floors at No. 382 Lockhart Road on sale for $398m
The portfolio includes the 5th floor to the penthouse of the building.
Ginza-style buildings: Adapting to changing market demands
Capturing the demand for Ginza-style commercial space is not just the “right” of existing buildings—this can apply to new buildings.
Property investment market slumps as investors stay cautious
Office and retail transactions declined from the previous quarter’s high base.
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