News
Tender for China Evergrande Centre disposal to close on 31 October
Tender for China Evergrande Centre disposal to close on 31 October
It has a gross floor area of 345,423 sq. ft. across 27 storeys.
Lands department to put up site in Kwai Chung for sale
It will be sold by public tender.
Gov’t rolls out new arrival rules for foreign domestic helpers
They will no longer be required to undergo quarantine in designated hotels.
Gov't, MTRC ink deal for housing at Siu Ho Wan Depot site
The pact will allow construction to commence for 20,000 housing units.
HK scraps compulsory hotel quarantine for inbound travellers
Travellers, however, will still need to undergo medical surveillance for three days.
Hong Kong improves to 4th place in global financial centres ranking
It rose four places with an overall rating of 725.
Residential block in Grampian Road sold via auction
It was sold for $404.25m to Gold Focus Holdings Limited.
HK’s share of Asian IPO at a slump: report
IPOs declined the lowest in more than two decades.
Property market most at risk as mortgage rates surge: report
The floating interest rates are affecting the property market.
Bank of China Hong Kong raises prime rate to 5.125% per annum
The bank also adjusted its HKD savings deposit rate to 0.125% pa.
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
Consumer prices rise 1.9% YoY in August
The rate of increase was the same as last month.
Industrial leasing slows as global trade activities plunge in July: JLL
Global trade is negatively affecting leasing demand for industrial space.
Retail leasing continues recovery as quarantine measures eased: JLL
More leases are expected in the future as inbound visitor figures sighted to rise.
Residential sales jump 12.7% MoM in August
JLL attributed the increase to the handful of primary projects launched during the month.
Grade A office market posts negative net absorption in August
Net absorption was at -29,000 square feet.
Goodbye aviation hub status? Report shows HK air travel recovery hit by strict health rules
The aviation industry’s recovery will slow down.
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