Commercial Property
En-bloc commercial buildings in Cheung Sha Wan up for sale
The property is valued at approximately $200m.
One Causeway Bay to be up for lease
The redeveloped building will provide around 500,000 sq ft of office space.
Commercial floors at Harbourfront Landmark in Hung Hom up for auction
The bid price for the properties will be revealed nearer to the auction date.
Two floors at Lyndhurst Tower for sale
The floors total approximately 8,010 square feet of space.
What to expect in Hong Kong's real estate market this year
Looming new office supplies will drive up vacancies.
Hong Kong’s Hang Lung names Adriel Chan as new chair of both companies
His father Ronnie Chan is retiring and has been named “honorary chair”.
Gov’t extends industrial building waiver
The extension is until 31 January 2025.
HK OK's 9 building plans in November
In the same month, the government received 2,950 reports of unauthorized building works.
Industrial rents grow 1.4% in 2023
Renewals dominated the leasing market last year.
Class B site on Castle Peak Road up for sale via tender
The tender for the site closes on 27 March.
Gov’t registers 14 land transactions in 4Q23
The transactions realised a total land premium of $492m.
First floor of Hong Kong Diamond Exchange Building up for sale
The asset has a total floor area of around 3,600 sq ft.
Property sales dropped in 2023
Sale and purchase agreements dropped 2.7% YoY in 2023.
6 in 10 employers plan to redesign their office to enable hybrid work
Most companies in Hong Kong have either completed their redesign or have one underway.
Gov’t approves 10 building plans
The approved plans are for residential, commercial, and industrial developments.
Gov’t to amend land redevelopment bill
The amendment will expedite the consolidation of property interests.
Commentary
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