Commercial Property
Kwun Tong business site awarded to Joint Vision
The company got the 7,083 square metre site for $34b.
Building transactions in second half of 2010 down 18%
The transactions’ total consideration for the period was down 2.2% to $370.14bn.
HK to establish Economic, Trade and Cultural Office in Taiwan
Hong Kong plans to establish an Economic, Trade and Cultural Office in Taiwan within the year to further promote long-term cooperation and exchanges...
K. Wah International secures HK$1.47bn syndicated loan
Part of the loan to be used for refinancing, while the remaining will serve as general working capital to boost its financial efficiency.
Hong Kong’s office market makes rapid rebound in Q1 2011
CB Richard Ellis says the country’s prime office rates climbed by 40% at the end of Q1 2011.
May new mortgage loans down 1.4%
Yet approvals for primary market transactions and secondary market transactions grew by $1.2bn and $3.1bn.
Office space shortage drives tenants to Singapore
A consultant went on to say that Hong Kong has not managed its land supply well. This as multinational companies expanding in Asia are said to be...
Hopefluent joins MSCI China Small Cap Index as a constituent
The company was able to handle approximately 50,100 secondary property transactions and was able to achieve the largest market share in Guangzhou.
Hong Kong sells Hung Hom Bay site for public tender
The lot, with a gross floor area of between 32,887 sq.m., and 54,812 sq. m. has a minimum guaranteed bid of $2.14bn.
Development Bureau revises plan for West Rail Long Ping project
Among the major changes are deletion of one residential tower and a three-level podium and removal of a basement carpark to reduce development bulk.
Lands Department issues 1 pre-sale consent in May
Approval of 24 applications for pre-sale consent for uncompleted residential units and 2 applications for uncompleted commercial developments are...
Number of sale-purchase agreements in May up 20.7%
The number of searches of land registers made by the public in May was 498,692, up 0.7% on same time last year.
Site in Sai Kung open for sale by tender
With a site area of about 1,659.4 square metres, the lot is designated for non-industrial, excluding residential, hotel, go down and petrol filling...
Hong Kong housing boom may bring out underlying risks
Slowdown in residential sales activity over the past quarter revealed a growing uncertainty in the market as the number of overall residential...
Specialist conservation architect establishes first overseas office in Hong Kong
Purcell Miller Tritton opened its first office outside western Europe, its Asia-Pacific regional headquarters in Hong Kong.
Hong Kong property market under close watch
The government tries to ensure stable and healthy development of the property market, which is at risk of a property bubble with low interest-rates...
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Commentary
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