Hong Kong
Are Hong Kong's real estate and luxury industries about to collapse?
Are Hong Kong's real estate and luxury industries about to collapse?
Hong Kong is famous for being (one of) the most expensive market in the world when it comes to commercial renting. Some shops located on Canton Road, TsimShaTsui -- considered prime location for luxury retail -- can reach over HK$6 million per month. At this price, most brands already gave up the idea of profit and simply use these stores to hold their brand's reputation.
Ageas Hong Kong: Your trusted partner
CEO Stuart Fraser reveals how flair for innovation separates them from competitors.
Hong Kong developers sold 430 units in mid-April
Primary take-up's still strong.
Hong Kong home prices rebound in mid-April
Following a fleeting fall.
Tourist spending to be slashed by 2.3% as new visitor permits take bite
That's a whopping $11.5b.
Home, office, retail space feared to rise uncontrollably in the next 3 years
Housing supply to grow 50%.
Office market net take-up in 1Q15 jumps to 300,800 sq. ft NFA
The market gains momentum in 1Q15
Large transaction activity slows in investment sector
Sales of industrial properties fell hard.
60% of Asia-Pacific companies bullish over increase in strategic sales
Companies will be more involved in divestments.
Asia Pac's real estate firms raised US$9.93b in capital
It's a US$7.83b down from last year.
Check out how fast rents will rocket in Wan Chai and Causeway Bay
Their prices will even outperform Central.
How Hong Kong's super pricey offices could hurt the city's business hub status
Will emerging office hubs save the city?
Asia's regional GDP predicted to remain stable in 2015
And a modest uptick is expected in 2016.
Chart of the Week: Office rental growth of non-core locations to outperform core district
Central vs Wan Chai's premium dropped to 46%.
Effective use of big data in Hong Kong retail market
The other day, I was in a mall on Hong Kong side heading for a lunch meeting. Seemingly at random, I received a message from a store in the mall where I had shopped before, promoting their latest collection and with a buy three get one free e-voucher attached.
Earnings of Hong Kong's top 4 banks drop 19.57% to HK$128.07b in 2014
What are the reasons?
9 in 10 hunters mull over ditching Hong Kong to work abroad
82% of them would leave for better opportunities.
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