Hong Kong
Four pairs of six-storey tenement buildings collectively sold for $697m
Four pairs of six-storey tenement buildings collectively sold for $697m
The property was acquired by the top bidder Ever Great Development Limited.
HK investors favour retail properties
There were more larger sum of transactions generated in August 2023.
HK, Mainland boost medical cooperation
Health Secretary Lo put forward HK’s efforts on medical innovation amongst others.
2 factors exacerbating the labour shortage in HK's transport and logistics sector
The job vacancy rate in the sectors has become 2.4x higher than pre-COVID.
How will mortgage rate uptick affect HK’s property market
HSBC raised its mortgage rate by 50bps.
Super Typhoon Soala to dampen reinsurance renewals in Hong Kong
Effective risk management is expected to minimise insurance losses.
Property market slump boosts occupiers’ and home buyers’ bargaining power
Real estate agents said tenants ask for up to 30% discount when renewing office leases.
Hong Kong is the fifth most expensive place to study for international students
Other educational costs averaged HK$22,436
Average Hongkonger would take 11 work days to afford latest iPhone
The average salary in the country is $17,728 gross monthly.
HK ranks 4th amongst markets with the least complex jurisdictions for doing business
It is the only Asian market in the top 10.
‘Optimism’ drives credit activity growth in Hong Kong
Hong Kongers are more optimistic about their household finances for the next 12 months.
HSBC raises rates on new Hong Kong mortgages to 4.125%: report
The raise will come into effect on 18 September.
SW Hong Kong’s Gloria So stresses proactive technology in risk management crucial to addressing unforeseen challenges
Alongside technological integration, companies must prioritise data security and privacy by implementing robust cybersecurity measures and complying with data protection regulations.
ESG compliant workspaces fuel talent attraction
A Colliers expert tells occupiers to put ESG at the forefront when assessing location strategies.
2 factors poised to amplify Hong Kong’s IPO Market in 2H23
There were 27 IPOs in HK from January to June.
Entertainment and media veterans need not fear generative AI – expert
Media expert says AI technology will even benefit senior practitioners in E&M industry.
Hong Kong’s flex desk rates highest in APAC
Experts predict rates in the city to increase by 3% in 2023.
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