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Grade A office rents may drop 5-10% in 2025 amid weak demand
Grade A office rents may drop 5-10% in 2025 amid weak demand
Retail rents for both High Street shops and Prime shopping centers may decline by 0-5% in 2025.
Home prices may rise up to 5% amid strong first-hand sales demand
Transactions may reach 55,000-58,000 units, driven by first-hand sales contributing 35-40%, the highest level since 2004.
TADA launches beta ride services in Hong Kong
Booking fees are HK$8 for rides under HK$100 and HK$9 for higher fares.
Hang Seng Index poised for recovery in 2025
It is seen to rebound to 23,200 points.
New home inventory projected to balance by late 2025 as supply declines
The months of supply has dropped to 78.2 months as of October 2024.
Land sales revenue falls behind fiscal goal, totaling $3.7b by October
It represents only 11.2% of the government's target of $33b.
Nearly half of Hong Kong consumers foresee income growth in 2025
Millennials lead the way at 51%, up from 40% last year.
Hong Kong GDP growth to dip in 2025 amidst trade tensions, high rates
It will decline to 2% from 2.6% in 2024, Deutsche Bank said.
Hong Kong rate cuts to drive investor interest in 2025
Lower rates will attract institutional and property funds to value-driven opportunities.
HKSTP inks 9 partnership agreements to boost ties with Middle East
One of the partnerships involves Saudi Arabia's FII Institute.
HK's super-connector status draws Shanghai firms worth $2t
There are 200 Shangair companies listed in the HKEX.
Country Garden's contracted sales hit $4.68B in October
Meanwhile, its GFA attributable to the shareholders reached 0.45 million sqm.
4 in 5 SMEs report easier bank credit approvals in Q3
Some, however, said the process was more difficult.
14 HK firms gain approval to join GBA wealth scheme
They can now offer cross-boundary investment services to GBA investors.
Gov’t expands GBA data contract to cover all industry sectors
It was initially applied only to banking, credit, and healthcare sectors.
Gov’t expands talent scheme to include more universities, extends visa validity
Nine Mainland unversities joined the scheme.
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