Hong Kong property

New Business

Hong Kong luxury rents lead the world with 8.6% surge in second quarter: Knight Frank

Hong Kong’s luxury home rents increased the most globally in the second quarter, according to Knight Frank, benefiting from an…

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Hong Kong rental yield hits 13-year high amid mainland Chinese student demand

Rental yields in Hong Kong in June rose to their highest level in more than 13 years, fuelled by strong…

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Hong Kong restaurants to remain in ‘survival of the fittest’ mode, analysts say

Tenant churn in retail properties in Hong Kong will continue in coming months, as prominent restaurants close but affordable eateries…

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McDonald’s seeks US$153 million for 8 Hong Kong retail properties in rare asset sale

McDonald’s Corp is selling eight retail properties in Hong Kong with an estimated market value of HK$1.2 billion (US$153 million),…

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Morgan Stanley banker buys two Hong Kong luxury flats in Wong Chuk Hang for US$18.8 million

David Wraight, managing director at Morgan Stanley, has bought two luxury residential units in Hong Kong for HK$147.3 million (US$18.8…

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Why can’t Hong Kong retail landlords cut rents for struggling tenants?

In a commercial rental market beset by high vacancy rates, many Hong Kong landlords feel stuck between a rock and…

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Commercial property crisis looms in Hong Kong as shrinking values squeeze developers

Hong Kong is facing a commercial real estate crisis, with small and medium-sized developers as well as banks under increasing…

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Emperor’s financial struggle mirrors the current state of Hong Kong’s property sector

Just over five years ago, residential and commercial real estate prices and rents were hitting record highs. Developers reported robust…

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High-end office properties in Causeway Bay to lure major global tenants, JLL says

High-end office assets in Hong Kong’s Causeway Bay neighbourhood are expected to draw greater interest from large multinational companies that…

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Hong Kong home market on brink of turnaround, Morgan Stanley says

Hong Kong’s residential property segment is on the verge of a turnaround that could last between four and five years,…

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