Commercial Property
Property sales down 10.9% to $63.5b in May
Property sales down 10.9% to $63.5b in May
Skyrocketing property prices may have finally dampened demand.
Hong Kong's land shortage is pushing local developers to China
The land shortage exceeded the government estimate of 1,200 hectares.
Hong Kong dominates APAC commercial property market as transaction volumes hit $191.5b in Q1
The city was the only market that ranked in the top five across all five property sectors - office, industrial, retail, apartment and hotel.
17 building plans approved in March
Apartment developments dominated future construction activities.
Industrial leasing activity steadies in April amidst strong trade flows
Imports and exports rose 10.7% and 8.7% respectively in March.
Are developers snapping up hotel land to convert into higher yielding offices?
The office sector continues to enjoy heated interest from investors.
Hong Kong East and Kowloon dethrone Central in April as tenants embrace lower rents
The two markets accounted for over three quarters of new office lettings last month.
Flexible working spaces in Hong Kong doubled in past three years
There are more than 50 operators covering over 1m sq ft in land area.
How can property developers cash in on the eSports boom?
Purpose-built establishments are being constructed to cater to the global competitive gaming market and Hong Kong is no exception.
What could possibly cost more than a flat in space-starved Hong Kong?
HSBC and Standard Chartered have even started offering mortgages for these products.
Property sales up 36.3% to $77.8b in April
Residential units accounted for three quarters of the monthly sales.
Tuen Mun site sold for $2.75b
It was awarded to Westlink Investments.
Hong Kong East and Wanchai vacancy rates tighten in March amidst relentless tenant decentralisation
Rates narrowed to 2.4% and 2.1% respectively.
Heated property sector buoys prime retail and office REITs
Wharf REIC, Link REIT and Champion REIT are in for a good year ahead.
Investors turn to prime property as trade war threat dims outlook for other assets
The economic uncertainty has actually resulted in a positive development for Hong Kong’s real estate sector.
Companies exit Central in droves amidst staggering rental costs
Goldman Sachs was the latest to pull out from the CBD.
Co-working operators buoy office leasing demand in Q1
They committed to 143,300 sq ft of new space in Hong Kong Island in Q1.
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