Commercial Property

Hong Kong’s land sale will continue

Sufficiency of funds in Hong Kong banks maintains normal operation of the stock market and banking system in Hong Kong.

Hong Kong’s land sale will continue

Sufficiency of funds in Hong Kong banks maintains normal operation of the stock market and banking system in Hong Kong.

Tender awarded for Hung Hom Bay site

A tender for a site at the junction of Hung Luen Road and Kin Wan Street, Hung Hom Bay Reclamation, Kowloon, Kowloon Inland Lot No. 11111, has been...

Hong Kong is the most expensive office location in Asia Pac

As office rents rose 3.9% qoq to US$122.03 per sq ft per year in 2Q11.

Hong Kong property: Creating opportunity out of adversity

There is a growing concern in Hong Kong’s private sector: The city is facing a crisis of quality office space whilst demand is continuously...

Hong Kong’s industrial property rentals seen to rise 12%

Investors are also starting to pay more attention to industrial premises as revitalisation of industrial buildings policy brings renewed demand for...

Lands Department awards Sai Kung land tender to Choiceland

The lot with site area of 1,659.4 square metres designated for non-industrial purposes was sold for a premium of HK$55.27mn.

Swire Pacific sells Festival Walk shopping center to Singapore firm

The HK$18.8b sale is the biggest ever for Swire Pacific.

Kowloon East Grade A office rentals’ moderate growth seen

Rental growth is expected to slow down in the second half as the office supply market of the site becomes more competitive.

Retail property rent in traditional shopping districts up 7.4%

International retailers continued to outbid existing tenants to secure shops in prime locations in belief that Hong Kong is a stepping stone to...

Fortune REIT first half profit up 5.7% to HK$319.5mn

The company’s passing rent up 10.3% while occupancy rate climbed further to 98.1%.

New mortgage loans in June fell by 9.4%

The latest round of tightening of the underwriting standards of mortgage lending introduced last June 10 seen to have caused the falling figures.

Sino Harbour starts trading shares in the Main Board of SEHK

Share price increased 2.73% over initial offer as it closed at HK$1.13 per share.

Hong Kong is the most popular city for international businesses: survey

Almost 70% of international companies surveyed are represented in Hong Kong.

Hong Kong has 22 land transactions in second quarter

An electricity substation in Tseung Kwan O and a research complex and student hostel in North Point are among the transactions which had about $752...

Sino Harbour Property lists on Main Board of HKSE

The property developer offers 300,000,000 new shares at the range of HK$1.10 to HK$1.68 per share.

Hong Kong’s parking rate is Asia’s highest

Hong Kong’s rental yield of car parking spaces tops 4% per annum, relatively higher than the other sectors such as residential and office properties...

Longfor Properties achieves 45.7 percent of year sales target

Contracted sales totalled $2.8 billion in the first half of 2011.