Commercial Property
Hong Kong’s Class A office rent most expensive worldwide
Hong Kong’s Class A office rent most expensive worldwide
Office rents in Asia Pacific rise as vacancy rates edge down.
Hotel site in Kowloon to be sold by tender
A residential site in Lantau will also be sold by public tender.
Land Registry FY2011 profit soars to 35.9%
The agency has launched a new option involving two stages of automatic conversion to accommodate divergent views and concerns of stakeholders.
Hong Kong is most expensive office location worldwide in 1H 2011
With Class A gross rents averaging $214 psf /year.
Draft of Hoi Ha plan gets approved
The Chief Executive in Council has approved the draft of the plan of Hoi Ha Development Permission Area. The Planning Scheme Area covers an area of...
Draft of Pak Lap plan gets approved
The Chief Executive in Council has approved the draft Pak Lap Development Permission Area Plan.
Fifteen land transactions totaling $8.3B registered in Q3
The Lands Department registered 12 lease modifications and three land exchanges in the Land Registry during the quarter ending September 2011.
Renhe dominates underground shopping malls
It currently has 14 projects under construction and 17 projects in the pipeline.
The Wharf’s Harbour City retail sales surge 36% in 2H11
Retail sales averaged 44% growth during July and August.
China’s retail property market to be robust in 4Q11
Demand for retail space will be huge as 75m households will be joining the “middle class” by 2015, boosting consumer spending.
New business district tabled
A new business district will rise in Hong Kong combining Kwun Tong, Kowloon Bay and the former Kai Tak Airport site.
Lands Department issues 4 property consents
The consents were for 2 residential and 2 commercial developments to be sold in Q3.
Lands Department issues 4 property consents
18 applications for pre-sale consent for uncompleted residential units and 3 for uncompleted commercial developments were issued at the end of...
Grade A office supply to reach 5.25m sq ft in 2014: study
That’s roughly an annual increase of 1.3m sq ft from 2011.
Asian property investors are the most conservative globally—survey
Economic uncertainties and tightened credit line tame appetite for risk.
Minmetals Land’s 9 months contracted sales up 117% to CNY3bn
The Company has locked in 74% of its CNY4.05bn full year contracted sales target.
Why not make that runway our office lobby?
The idle Kai Tak Airport, being tapped for housing, could be redeveloped to add as much as 40 million square feet of prime offices by 2021.
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