Xander Ceballos
Wego, HKTB partner to promote Hong Kong in MENA
Wego, HKTB partner to promote Hong Kong in MENA
The campaign comes amidst rising outbound travel from the MENA region, especially during peak holiday seasons.
InvestHK launches outreach in Türkiye, Hungary, and Egypt
The campaign is part of InvestHK’s broader effort to strengthen economic ties along the Belt and Road Initiative.
Office unit at No. 9 Queen’s Road Central listed for $250m
The indicative asking price is $250m, or about $18,222 per square foot—lower than recent transactions in the same building.
Hang Seng Bank opens flagship wealth centre in Central
The new facility is the largest amongst the bank’s nine such centres across Hong Kong and mainland China.
Asia Pacific investment volume drops 18% in Q1 2025
The region recorded US$26.4b in total real estate investment during the quarter, down 18% YoY.
Hong Kong firms hold back hiring amid trade policy tension
49% of Hong Kong businesses say they plan to postpone major investments.
Small flats dominate in 2024 as affordability pressures reshape market: JLL
Class A units have seen a sharp rise in supply, accounting for 44.5% of total completions in 2024.
DFI and Dingdong launch fresh food supply deal in Hong Kong
The partnership sets a first-year sales target of $100m and began its initial rollout on 9 April 2025.
The Peak home at 25 Plantation Road listed for $398m sale
The asking price is $398m, positioning it as the only single-lot property currently available on The Peak for under $400m.
Trump’s trade reboot clouds APAC outlook, CRE holds for now: report
APAC entered 2025 with economic momentum: Q1 GDP growth came in at 3.9%, matching pre-Trump levels.
Hong Kong office demand shifts to smaller units in early 2025: Colliers
Office cap rates ranged from 3.10% to 4.10%, retail from 3.25% to 5.00%, and industrial from 3.00% to 4.10%.
Hong Kong ranks third globally in average fraud losses for 2024
Hong Kong’s suspected digital fraud rate reached 6.2% in 2024, 15% above the global average.
Hong Kong ranks third globally in average fraud losses for 2024
Hong Kong’s suspected digital fraud rate reached 6.2% in 2024, 15% above the global average.
Hong Kong private home prices continue to fall in early 2025: report
Private domestic price index for all classes fell to 284.7 in February 2025, down from 337.4 in 2023.
HK firms to embrace AI agents to combat worker burnout: Microsoft
To cope, 76% of local business leaders plan to deploy AI-driven digital labour in the next 12 to 18 months.
About 7 in 10 residents see Super March as economic boost
55% were aware of the campaign, with social media cited as the primary source of information.
Hong Kong property values, rents fall across sectors in Q1: JLL
Despite this, leasing activity in the office, retail, and residential sectors held firm.
Commentary
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