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Hong Kong office tenants pay world’s second-highest costs: Savills
City’s office-space costs, which trail only London’s West End, declined 1.1 per cent in the first quarter, property consultancy says.
1 May 2025 - 10:30AM
CK Asset to launch Kai Tak project soon, expects 5% rise in home prices
30 Apr 2025 - 9:43PM
Negative equity cases in Hong Kong’s real-estate market hit a new high
1 May 2025 - 12:43AM
Business
Hong Kong’s Tsim Sha Tsui is the world’s most expensive luxury shopping district
Prime retail rent in TST, as the area is called, was £17,132 (US$22,976) per square metre per annum in the fourth quarter, according to Savills’ report.
30 Apr 2025 - 9:04AM
Shoppers queued up at the Louis Vuitton store on Canton Road in Hong Kong’s Tsim Sha Tsui district in Kowloon on 2 January 2025. Photo: Jelly Tse
Business
Dickson Poon offers to privatise luxury retail group in US$141 million deal
Offer is 51 per cent higher than its pre-suspension market price and above the stock’s price at any point over the past 10 years.
30 Apr 2025 - 1:34AM
Business
Hong Kong’s unsold homes hit all-time high as buyers hesitate amid tariff war
Weak demand prompted developers to rein in new launches, trimming potential supply for a fourth straight quarter.
29 Apr 2025 - 7:00PM
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Business
Hong Kong’s lived-in home prices approach 9-year low amid US-China tariff war
Home prices in the secondary market have lost 1.7 per cent this year, dragging an official index to the lowest level since July 2016.
28 Apr 2025 - 3:13PM
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Advertisements showing lower secondary home prices outside a real estate agency in Quarry Bay in November 2023. Photo: Elson Li
Business
Hong Kong’s largest flex-office provider seeks deals with landlords
Partnering with International Workplace Group ‘makes a lot of sense to tap into growing demand for hybrid working’, CEO says.
27 Apr 2025 - 1:32PM
Business
Hong Kong retail rents have further to fall amid spending dip
Leasing activity is strong as operators seize on bargain rents to upgrade, but shopping trends worry landlords, suppress investment.
27 Apr 2025 - 10:00AM
Business
Investors pile into Hong Kong’s largest housing project since 1999
Sun Hung Kai Properties sold all 318 flats in the first batch of its Sierra Sea project in the New Territories.
26 Apr 2025 - 8:40PM
Business
Ant pays US$362 million to buy Hong Kong retail broker Bright Smart
Ant Group agreed to pay HK$2.81 billion (US$362.2 million) for 50.55 per cent of Bright Smart Securities & Commodities Group.
26 Apr 2025 - 2:08PM
Bright Smart Securities branch on Nathan Road in Kowloon. Photo: Google
Banking & Finance
Hong Kong’s Gaw Capital to raise new US$2 billion property fund
A potential investor was told the fund’s investments would be diversified and remain flexible amid market volatility.
25 Apr 2025 - 5:38PM
Business
HKEX to buy space in Exchange Square for US$812 million from Hongkong Land
Purchase follows the Securities and Futures Commission’s acquisition of its own permanent office in Quarry Bay in late 2023.
24 Apr 2025 - 8:29PM
Business
HSBC, Citigroup tout Chinese property stocks’ upside
HSBC raised its target price for five mainland developers by an average of 9 per cent, implying an 18 per cent upside.
24 Apr 2025 - 6:04PM
Business
Hong Kong retail slump claims another victim as dessert shop deserts
After You Dessert Cafe to close its two shops as retail sector downturn puts further pressure on the weak retail property market.
23 Apr 2025 - 4:30PM
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People queue up at the After You Dessert Cafe at Airside in Kai Tak on April 23, 2025. Photo: Eugene Lee
Business
Beijing, Shanghai lead global construction of life sciences centres, CBRE says
Construction of nearly 14 million sq ft of R&D facilities is under way in China’s top two cities, report says.
23 Apr 2025 - 2:00PM
Business
100% rent hike forces Prince Jewellery to close Hong Kong shop after 21 years
Landlord plans to raise the rent for the prime retail space to HK$2.21 million, according to property agents.
23 Apr 2025 - 8:30AM
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Spending
Why restaurants are replacing shops, changing Hong Kong’s retail landscape
The mix of tenants in malls and at street level is changing as restaurateurs pounce on slumping rents to expand, often taking the spaces left behind by retailers forced to leave during the pandemic.
9 Aug 2022 - 8:07AM
illustratio by perry tse
Business
Magnate warns of tough times as Hang Lung kicks off results season
The comments by Chan showed how Hong Kong has been caught since 2019 by a series of turbulent events, including months of anti-government protests, US sanctions and a Covid-19 pandemic in its third year.
28 Jul 2022 - 9:08PM
Business
Hong Kong, mainland cities worst performers in index tracking home rent growth
Upmarket home rents in Hong Kong and Shenzhen declined in the year’s first half, bucking the global trend of increases among 30 cities tracked by property consultancy Savills.
3 Aug 2022 - 11:00AM
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Business
Hong Kong’s Peak Lookout restaurant has rent halved as Covid wipes out tourism
The owners of the iconic Hong Kong restaurant, previously a huge draw for tourists with its prime location, are now paying less than half the monthly HK$230,000 (US$29,300) they were forking out on a lease signed pre-pandemic.
26 Jul 2022 - 8:36PM
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OPINION
FOLLOW
Nicholas Spiro
The View
|
How Indonesia can calm property investors’ fears of a return to 1998
31 Mar 2025 - 4:30PM
Nicholas Spiro
The View
|
Why the future looks so promising for luxury property in Asia
24 Mar 2025 - 4:30PM
Nicholas Spiro
The View
|
Asia’s commercial property market growing in diversity and complexity
18 Mar 2025 - 9:30AM
Nicholas Spiro
The View
|
Why Asia property investors won’t stray from data centres and Japan playing
10 Mar 2025 - 5:48PM
Dennis Lee
Opinion
|
When will Hong Kong stop building skyscraping boxes with bay windows?
1 Mar 2025 - 9:30AM
Nicholas Spiro
The View
|
Why Hong Kong’s property blues don’t add up to a crisis yet
17 Feb 2025 - 4:57PM
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MULTIMEDIA
Video
Chinese EV maker Xpeng CEO unveils newest vehicles in Hong Kong
01:58
Video
Asian stock markets fall as 104% tariffs target China
07:26
Video
How Alibaba.com is betting on AI to transform e-commerce
11:13
Video
The small business concerns behind China’s ‘two sessions’
03:22
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