Xander Ceballos

Located at 118 Wellington Street, the project is expected to be completed by mid-2026.

With minimal hotel supply growth projected (just 0.1% CAGR from 2025 to 2030), the overall hotel stock is expected to decline under the scheme.

The decision was compared to a similar incident in 2021, when the government withdrew the sale of Tsing Yi Town Lot No. 200 due to its temporary use as a quarantine facility. 

Employees working locally four days a week could save up to $238,100 annually by avoiding daily commutes.

Its estimated market value is over $200m, or around $4,423 per square foot.

The recovery was led by higher net interest income which rose to $530.5m, a 13% increase from $470.7m in 2024. 

When asked about their top aspirations for later life, 47% prioritised physical and mental well-being.

In Asia Pacific specifically, business flights (+12.6%), watches (+9.0%), and even bicycles (+5.5%) saw notable jumps. 

Around 70% of the general population remain unaware of what end-of-life care.

Inflation is expected to remain subdued in the region, with only 25% of Asia respondents predicting a rise, the lowest across all surveyed geographies.

Whilst the ratio of apartment prices to earnings dropped from 26.5 in 2022 to 23.4, it remains second-worst among all cities surveyed.

JLL expects overall office rents to decline around 5% in 2025.

The fund is listed in board lots of 500 units at an initial issue price of $15. 

The recruitment drive is part of Emirates’ efforts to expand its cabin crew team.

HKEX is forecast to deliver a 69.4% operating margin and a 75.1% adjusted EBITDA margin in 2025.

F&B groups catering to mass and mid-market consumers are expected to remain the key drivers of leasing demand.