Commercial Property
Tseung Kwan O site awarded to Fortune Precision
Tseung Kwan O site awarded to Fortune Precision
It’s on a 50-year land grant at a premium of $1.86 billion.
Colliers International Korea and RDN join forces
Partnership integrates the resources and network of both companies and brings extended service offerings.
Central rents to fall 14% in 2012, says analyst
The downturn is unlikely to be anywhere near as severe as in the late-1990s, according to HSBC.
Property transactions nosedive to 5-year low
Transactions plunged by more than a third last year while prices remained stubbornly out of reach.
HK Int’l Airport races to keep up with boom in passenger traffic
Hong Kong’s Board of Airport Authority recommends the construction of a third runway at the airport to accommodate the surge in passenger traffic.
Lull in China’s economy to hurt HK’s commercial property sector
With 35% of Hong Kong’s total retail sales coming from mainland Chinese visitors, the city-state is bound to suffer if China’s economic woes continue...
Lands Department awards tender for hotel, residential sites
The hotel site was granted to Shangri-La Hotel and the residential site was awarded to Sky Target.
Lifestyle International wins bid for Shanghai site
The department store operator is shelling out more than US$387 million for the deal.
Commercial building The Forum to be knocked down
So what will HongKong Land Holdings build in its place that is worth $72m?
Hong Kong property rents and prices to hit a reverse next year
Retail properties offer greener pastures amid the subdued outlook.
Forecast: Grade A office rents will fall in Hong Kong
As the city enters a rental level correction phase, a 5 to 6 percent drop in average grade A rents in the final quarter of the year is anticipated.
Urban Renewal Authority awards Central Oasis project to AGC Design
Attainment of the highest score in an assessment has given AGC Design the project.
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.
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