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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.
Hong Kong is the fifth most expensive place to study for international students
Other educational costs averaged HK$22,436
Investment options lie in key office space markets in Hong Kong
Expert from CBRE believes Hong Kong office spaces continue to maintain their competitive edge over other Asian cities.
Generative AI powering Hong Kong’s media growth
E&M expert Cecilia Yau nuetralises fears of AI taking over jobs, saying creatives will find their jobs easier with use of technology.
Average Hongkonger would take 11 work days to afford latest iPhone
The average salary in the country is $17,728 gross monthly.
$550m-luxury property in Mid-Levels East up for sale
The residential building has a saleable area of 13,840 square feet.
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.
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.
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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