Commercial Property
Gov’t approves 10 building plans
Gov’t approves 10 building plans
The approved plans are for residential, commercial, and industrial developments.
Gov’t to amend land redevelopment bill
The amendment will expedite the consolidation of property interests.
Evergrande to record $60.3m in Shanghai Henggen Real Estate exit
A unit of Evergrande will sell its 30% stake in Shanghai Henggen Real Estate for $727.3m.
3 ways gov't can improve land tenders
There has been frequent withdrawal of government land lenders in Hong Kong.
What are the most searched properties in Hong Kong in 2023?
Two of the 10 popular searches are shopping complexes.
Prime hotel, industrial building in East Kowloon up for sale
The properties are sold for $2.22b and $180m, respectively.
Hongkong Land appoints Michael Smith as new chief executive
He will be succeeding Robert Wong who has been the Chief Executive since 2016.
Navigating challenges and seizing opportunities in Hong Kong’s self-storage sector
Hong Kong’s self-storage business evolved in four distinct stages. It first emerged in the mid-1990s when the concept was introduced from the US. The...
Link REIT's 6-month net property income rises 10.4%
The addition of Singapore retail assets to the REIT's portfolio helped boost its NPI.
Commercial property investment volume rises 44% YoY to US$1b in 3Q23
Year-to-date, however, volume fell by 7% YoY to US$5b.
Hong Kong cap rates increase in Q3
The gross yield of commercial properties in Hong Kong ranges from 2.85%-4.60%.
Hong Kong faces 68% demand-supply deficit for sustainable workplaces: JLL
APAC must accelerate retrofitting of buildings to meet this demand.
Gov't eases property cooling measures
The adjustments include a reduction of the buyer's stamp duty to 7.5%.
Revival yet to come for Hong Kong’s real estate market
Only the retail market has demonstrated resilience, with high-street shop rents rising by 2.1% QoQ.
ifc mall attains certification from the US Green Building Council
The establishment is the first mall to receive such recognition in Hong Kong.
Grade A office leasing volume grew 32% in Q3
It was at par with Q1 2023.
Evergrande seeks to resume trading on HKEX
Trading of Evergrande's shares has been suspended since 28 September.
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