Commercial Property

Yuexiu Property's executive director steps down

Liang Yi's resignation took effect immediately.

Prime office rentals continue plunge

Prices to drop 5% in 2013 amid furious cost cutting by financial firms.

Resale restrictions to be imposed

Allowing 5,000 applicants yearly is faulty.

Far East Consortium profits up by a whopping 513%

Development profits set to surge, says OSK.

Sky100 Hong Kong Observation Deck gearing up for the holidays

A festive spectacle is featured till 2 January 2013.

Take-up for offices for lease plunged 80% in 3Q12

Grade A office rents meanwhile grew 1.5% after 3 months of decline.

This Ginza-type commercial hub earns $2.4M a month despite non-strategic location

But it could have been earning 20% more if located in the main streets of Causeway Bay.

Speculators buying up parking spaces

Some parking spaces now more expensive than small apartments.

Riviera Plaza mall sold for $508m

Wang On Group now owns the mall.