Tsim Sha Tsui

New Business

Leasing momentum, lower interest rates unlikely to rescue Hong Kong’s distressed office landlords

Hong Kong’s office property market is likely to see more distressed sales in the medium term, as banks will need…

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New Business

Luckin Coffee’s entry into Hong Kong a sign of mainland Chinese brands’ growing dominance

Mainland Chinese brands are ramping up their presence in Hong Kong, using the city to test the waters before foraying…

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New Business

China property flare-ups resurface as crisis enters fifth year

One of China’s leading developers is now on authorities’ radar for default risk. A major Hong Kong builder is asking…

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New Business

More Hong Kong shops to close as retail habits change, shopping shifts online

With the shopping habits of both Hongkongers and visitors to the city going through a sea change, more brands and…

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New Business

‘Survival of the fittest’: landlords give discounts to Five Guys, others amid retail slump

And with additional headwinds expected in 2025, they said, brands with international appeal or unique selling points are driving new…

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New Business

Hong Kong’s Tsim Sha Tsui named world’s fourth most expensive shopping district

Hong Kong’s Tsim Sha Tsui was the world’s fourth most expensive shopping district this year, dropping one spot from a…

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New Business

Chinese uber-influencer ‘Crazy Xiaoyangge’ rents office for creator firm in Hong Kong

Hong Kong’s slumping office rental market is getting a little boost from an unlikely client. China’s top-earning influencer Zhang Qingyang,…

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New Business

Hong Kong retail: Prada to open 8,000 sq ft store in K11 Musea after years of downsizing

Prada is renting an 8,000 sq ft store in K11 Musea, a harbourfront luxury shopping centre by New World Development,…

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