Noreen Jazul
HK to face shortage of over 60,000 suitable elderly places by 2032: report
HK to face shortage of over 60,000 suitable elderly places by 2032: report
The city's older population is expected to increase by 46.3% in the next decade.
Residential property volumes to edge down in the near term
In Q123, volumes shrank by 31.5% MoM.
Annual rental rate for stores in core retail districts to see an 8% YoY growth
Colliers said economic recovery will drive the rate up for the year.
What are the most attractive companies to Hong Kong employees?
Three new companies made it to the list.
No new capacity added to Hong Kong’s data centre market: report
The market’s aggregate supply stands at 988 MW.
Commercial real estate volume drops 10% YoY to $12.56b in Q1
Most transactions in Q1 were primarily small mid-sized private capital deals.
Savills launches open tender for residential unit at Opus Hong Kong
The unit has a saleable area of 5,154 square feet.
Gov’t passes family office tax relief measure
The tax concession for FIHVs will be applicable for assessment commencing on or after 1 April.
7 in 10 HK-based firms eye overseas expansion
Firms cited three key motivators for them to expand.
Why are residential prices in Hong Kong losing growth momentum?
JLL cites two reasons.
Startup enables business to capitalise on regulatory changes with predictive insights
Bilby.AI predicts regulations by tracking over 100,000 entities in China.
60% of HK-based Japanese companies eye expansion of RCEP operations
RCEP markets, including Japan, accounted for 71% of HK’ total merchandise trade in 2022.
One HarbourGate East Tower up for sale via tender
The property has a market value of $7b.
Commercial property sales drop 38.6% MoM in April
Cash-rich business owners drove transactions for the month.
Foreign currency reserves hit US$427.4b in April
It dipped from the US$430.8b record in March.
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