Hong Kong
HK hotel occupancy soars 72% in first two months
HK hotel occupancy soars 72% in first two months
The reopening of borders and lifting all quarantine controls drove the increase.
Over 85% of first batch of 23 WCH Grade A office units sold
The sale amounted to over $700m.
Proposed tax concessions get approval
The measure to increase the child allowance was also passed.
Composite interest rate down to 2.13% in March
This declined from 2.17% in February.
Getting the right accommodation mix will be crucial to the Northern Metropolis’ success
A local government accommodation scheme in Shanghai could boost private interest in Hong Kong’s Northern Metropolis and solve housing issues before they arise.
Google HK doubles scholarships offered to 2,000
These scholarships would allow access to the courses offered by its Career Certificates Programme.
Luxury home at Mount Nicholson sells for $577.4m
The purchase price translates to $82,000 per square foot.
Faster recovery awaits Hong Kong’s high-end hotels
JLL expects the sector’s transaction activity to reach US$1b by Q423.
Sotheby’s marquee spring series achieved $3.7b
The firm’s exhibition preview wooed nearly 15,500 visitors.
AIA Hong Kong launches CarePass for high-end customers
They can access one-stop integrated oncology treatments, amongst others.
GBA businesses regain confidence as Mainland-HK travel resumes
The confidence index of business rose about the 50-print for the first time since Q421.
China's ZJLD Group seeks to raise $6.37b in HK IPO
It is offering a total of 490.7 million shares.
OUE Lippo Healthcare, CUHK to operate the international medical centre
Prince Bay Hospital is seen to be commissioned in 2024 with over 200 beds.
3 in 4 SMEs expect sales growth in 2023
Business optimism has prompted 58% of SMEs to increase their headcount.
Savills pioneers next-level virtual property tours in Hong Kong
Clients viewing 3D interactive models can see the whole property, tenants, and community.
5 factors pushing Singaporeans to visit Hong Kong
Singaporeans' travel consideration to HK rose between February to March.
MBA competes with specialised postgrad programmes through AI
Providers now offer blockchain, ESG investing, and double degree programmes.
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Commentary
Driving non-Grade A office market with the Hostels in the City Scheme