Commercial Property

35,400 flats not a fixed target for residential flat production

The estimated figure of 35,400 flats refers to the housing land that can be supplied to the market for private residential developments within a...

35,400 flats not a fixed target for residential flat production

The estimated figure of 35,400 flats refers to the housing land that can be supplied to the market for private residential developments within a...

Upgrading works scheduled on Stonecutters Island Sewage

A $2,386 million contract has been awarded for for upgrading the Stonecutters Island Sewage Treatment Works.

Yuen Long site sold to Carlford Investments for $2.41bn

The site has an area of about 12,340 square metres and is designated for non-industrial purposes.

EPD invites lease tenders for EcoPark Phase 2 Lots

The  EPD is inviting recycling operators to submit tenders for the leases of the first batch of six lots in the EcoPark Phase 2, Tuen Mun.

Twenty consent applications for residential developments pending approval

As of end of February, 20 applications for pre-sale consent for uncompleted residential units.

Hong Kong entered 2011 as the most expensive office location in the world

Occupancy costs per workstation in Hong Kong's prime district of Central and Admiralty surged by 31% year-on-year in 2010.

Building sales dropped 7.6% year-on-year in February 2011

A total of 12,401 sale and purchase agreements for building units were received in February.

Hong Kong approves 34 building plans in January

A total of 34 building plans were approved by the Buildings Deaprtment in the past month.

West Rail property projects to meet design requirements

Six property developments above the MTR stations along the West Rail should comply with new guidelines on controlling "inflated buildings". Thus...

Govt to boost Operation Building Bright budget

A  further $1 billion for Operation Building Bright is being propsed by Financial Secretary John Tsang.

Planning department launches stage 3 of east harbour study

The Planning Department will solicit further public views before coming up with a recommended option and finalising the east harbour study.

Tianjin Development raises HK$2bn 5-year term loan facility

The facility will give the group with capital for long term business expansion.

Hong Kong office rents jumped 8.5% in 4Q 2010

As of 4Q 2010, Hong Kong occupancy costs are just US$0.04 below Tokyo's occupancy costs.

Property sale safeguards due by October

The committee on sale regulation of residential properties will table its recommendations by October.

Asia Pacific fourth quarter accelerated office rent up 1.5%

Consumers' expectation of continued rental catch-up bolstered booming investment demand.

Steering Committee strengthens property sale regulation

Misrepresentation and the dissemination of false information are key areas that will be discussed.

Flat sales fall 16%

The number of sale and purchase agreements for all building units in Hong Kong's Land Registry in January was 9,917. It is down 15.9% from December...