Commercial Property
15 building plans approved in May
Apartment developments dominated last month’s construction plans.
Check out Standard Chartered's new Kwun Tong hub
The eXellerator houses a usability testing lab to try out emerging technologies.
16 land transactions registered in Q2
The deals had a total land premium of $2.06b.
Half-year commercial property investment activity hits $89b as office market remains heated
Massive en-bloc office sales of W Square, Octa Tower and Cityplaza Three & Four buoyed half-year figures.
Hong Kong's half year property sales up 9.4%
The total consideration of these deals hit $403.68b.
Lands Department issues 8 pre-sale consents in Q2
The pre-sale consent for residential developments could yield 3,861 units.
Half year office net absorption rate of 1.5m sqft smashes 2017 full-year record
Sustained leasing demand from Chinese financial firms buoyed half-year figures.
Tech logistics boosts industrial property sector in H1 2018
A notable deal includes Alibaba's US$1.53b investment in a Hong Kong logistics hub.
Ho Man Tin parking space sold for record-breaking $6m as garage values outstrip sky high home costs
The average parking space cost has ballooned more than six times since 2006.
Hong Kong is amongst APAC's most transparent real estate markets
It ranks 3rd in APAC and 13th globally.
Office vacancy rates tighten to 4.3% in May
Co-working operators from the Mainland continued to snap up office space.
Central is the world's priciest prime office market for third straight year
Occupancy costs per sqft are higher than London and New York at $2,505.
13 building plans approved in April
Apartment and commercial developments dominated monthly construction plans.
Flexible workspaces represent 1.2% of Hong Kong's office space
This marks one of the least penetration rates in APAC.
Swire Properties to reportedly sell Cityplaza Three and Four for $14b
The buyer is Hengli Investment Holding Group.
Residential and transport projects dominate construction output in Q1
They accounted for $17.9b and $12.8b respectively.
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