Staff Reporter
Rents for overall prime street shops down by 4.3% in Q4 2021
Rents for overall prime street shops down by 4.3% in Q4 2021
Rents for major shopping centres also fell by 4.3%.
Hong Kong’s livi bank unveil livi Flexi Loan
Customers can access up to HK$1m in loans in as fast a 2 minutes.
Total property investment volume down 46% in Q1 2022: Colliers
Industrial and retail sectors saw the highest investment volume.
Hong Kong IA resumes normal operations
However, the public is still encouraged to make use of off-site services.
Over half of Hong Kong SMEs expects to overcome 5th COVID-19 wave
Whilst 57% see their revenue will remain the same or grow in the next three months.
Hong Kong tops priciest office fit-out markets in Greater China for third consecutive year
The average cost of an office fit-out in Hong Kong was at $1,081.61.
Grade A office rents slips by almost 1% in Q1 2022
Cushman & Wakefield linked this to the fifth wave of the pandemic.
Which commercial real estate segment was the hardest hit by the fifth wave?
The fifth wave has significantly slowed down the property market in Q122.
7 in 10 Hongkongers find upskilling choices difficult
Only 12% feel that they don't need to upskill to keep their jobs.
Property sales decline 4.3% in March
The Land Registry recorded 3,828 property sales and purchase agreements in March.
Retail sales drop 14.6% YoY in February 2022
The tightened measures against COVID-19 weakened consumption sentiment.
Benefits of mortgage relaxation to be felt H2 2022: JLL
The government announced it will raise property values eligible for 90% and 80% LTV-ratio loans.
Patek Philippe presents Rare Handcrafts 2022 collection
The exhibition is open to the public from April 6 to 23, 2022.
Businesses OK lifting of flight ban on 9 countries, says gov’t
Businesses also welcomed the government’s shortened hotel quarantine period.
Is the retail property market on its way to redemption?
In January, retail sales value jumped 4.1%YoY to $33.9b.
Hong Kong reduces flight ban sanction to 7 days
The flight ban was shortened from 14 to seven days.
HKPC develops service robots to address manpower shortage
The council developed intelligent robots for different settings and tasks.
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