Commercial Property

Asia Pacific office rents and prices to stay flat

China continues to buck the trend with growth expected in its office market.

Zhangzhou Mingfa Shopping Mall posts robust sales

The mall was able to attract renowned brands and promote local economic development.  

Customs seizes $2.9M worth of illicit cigarettes

Hong Kong Customs seized about 1.15 million sticks of duty-not-paid cigarettes, worth about $2.9 million, with the duty potential of about $2 million...

Hong Kong signs intellectual property cooperation with Mainland

 The State Intellectual Property Office and the Intellectual Property Department of the Hong Kong Special Administrative Region Government have...

Care to go shopping at Pedder Street?

You better be cashed-up as Hong Kong ranked second most expensive shopping destination.

Hong Kong continues to be the most expensive office location in Asia Pac

Tokyo and Singapore lagged behind as prime office rents in Hong Kong reached US$122.33 per sq ft per year as of the third quarter of 2011.

Hong Kong retail property sector seen bucking the downtrend

Street shop rentals in traditional shopping districts projected to rise 12% in the next twelve months.

Cheer Regal buys Sai Kung site for $719mn

The site area is about 17,940 sq. m. and is designated for hotel purposes.

Grade A office rents in Central down 1.5%

Rents to edge down 8% in the next 12 months behind the fragile economic recovery of the US and the debt crisis in the Eurozone.

Are Hong Kong parks turning into residential sites?

If they are, then there will be 44,000 hectares more land for homes.

Hong Kong among the world’s highest in prime industrial land price

Elevated demand for warehouse in Asia is expected to sustain in long term.

Hong Kong’s Class A office rent most expensive worldwide

Office rents in Asia Pacific rise as vacancy rates edge down.

Hotel site in Kowloon to be sold by tender

A residential site in Lantau will also be sold by public tender.

Land Registry FY2011 profit soars to 35.9%

The agency has launched a new option involving two stages of automatic conversion to accommodate divergent views and concerns of stakeholders.

Hong Kong is most expensive office location worldwide in 1H 2011

With Class A gross rents averaging $214 psf /year.

Draft of Hoi Ha plan gets approved

The Chief Executive in Council has approved the draft of the plan of Hoi Ha Development Permission Area. The Planning Scheme Area covers an area of...