News

Grade A office rents slips by almost 1% in Q1 2022

Cushman & Wakefield linked this to the fifth wave of the pandemic.

Prepare to go cashless or pay the price

One in three consumers will abandon a purchase if they cannot pay for it digitally.

Which commercial real estate segment was the hardest hit by the fifth wave?

The fifth wave has significantly slowed down the property market in Q122.

7 in 10 Hongkongers find upskilling choices difficult

Only 12% feel that they don't need to upskill to keep their jobs. 

Property sales decline 4.3% in March

The Land Registry recorded 3,828 property sales and purchase agreements in March.

Retail sales drop 14.6% YoY in February 2022

The tightened measures against COVID-19 weakened consumption sentiment.

Benefits of mortgage relaxation to be felt H2 2022: JLL

The government announced it will raise property values eligible for 90% and 80% LTV-ratio loans.

Patek Philippe presents Rare Handcrafts 2022 collection

The exhibition is open to the public from April 6 to 23, 2022.

Businesses OK lifting of flight ban on 9 countries, says gov’t

Businesses also welcomed the government’s shortened hotel quarantine period.

Is the retail property market on its way to redemption?

In January, retail sales value jumped 4.1%YoY to $33.9b.

Hong Kong reduces flight ban sanction to 7 days

The flight ban was shortened from 14 to seven days.

HKPC develops service robots to address manpower shortage

The council developed intelligent robots for different settings and tasks.

Outbound real estate investment grows 60% to $52.42b

Hong Kong was second in Asian outbound real estate investment rebounds in 2021.

41% of employees mull internet upgrade in next 12 months

Teleworkers said they need more than a basic level of connectivity.

HK, China aviation 'fly into another year of loss': Jefferies

International travel recovery will be delayed up to 2023.

HK flight ban under review

Suspended flights to nine countries could be lifted from 1 April.