Commercial Property

Are Hong Kong parks turning into residential sites?

If they are, then there will be 44,000 hectares more land for homes.

Are Hong Kong parks turning into residential sites?

If they are, then there will be 44,000 hectares more land for homes.

Hong Kong among the world’s highest in prime industrial land price

Elevated demand for warehouse in Asia is expected to sustain in long term.

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.