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  • August 22, 2014
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  1. News - Hong Kong - PROPERTY

    Shock as Stanley's popular Apple Mall slated for closure due to fee increase

    Posted Jul 31st 2014, 04:41am by BRIAN YAP

    ... came completely out of the blue; one shop owner signed a new lease with landlord Eton Properties just two months ago. The 11-year-old mall had been a popular spot with tourists and expats, ... no idea how I can sell or store the new stock. I have invested a lot in my business and now the sudden termination of my tenancy means I have been running my outlet for nothing." The shopping ...

    http://www.scmp.com/news/hong-kong/article/1562949/shock-stanleys-popular-apple-mall-slated-closure-due-fee-increase
  2. Property - Hong Kong & China - PROPERTY

    Cheung Kong sells Tai Po studio flats for HK$1.55m

    Posted Aug 05th 2014, 03:26am by Yvonne Liu

    ... of research at Centaline Property Agency. Including residential units, shops, car parks and industrial and office units, 9,400 sale and purchase agreements were recorded in July- the highest in 17 ...

    http://www.scmp.com/property/hong-kong-china/article/1566573/cheung-kong-sells-tai-po-studio-flats-hk155m
  3. Property - Hong Kong & China - PROPERTY

    Cityplaza shopping centre to get HK$100m facelift

    Posted Feb 10th 2014, 04:37am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Apita to give up space for more children's wear and cosmetic stores, says mall operator Swire Cityplaza shopping centre to get HK$100m facelift Cityplaza, ... to accommodate the facelift. The last renovation of the shopping centre, which opened in 1983, was in 2001. Elizabeth Kok, the retail portfolio director for the mall's owner, Swire Properties, said ...

    http://www.scmp.com/property/hong-kong-china/article/1424887/cityplaza-shopping-centre-get-hk100m-facelift
  4. Property - Hong Kong & China - PROPERTY

    Cofco sees joy in growing mall rentals from Chinese cities

    Posted Jul 07th 2014, 05:28am by Langi Chiang

    ... year, with the event attracting tens of thousands of visitors. About 85 per cent of the seven-storey, 220,000-square-metre complex was open for business on the first day. The shopping mall ...

    http://www.scmp.com/property/hong-kong-china/article/1548272/cofco-sees-joy-growing-mall-rentals-chinese-cities
  5. Business - Banking & Finance - PROPERTY

    Banks fighting back against luxury shops for prime space

    Posted Sep 23rd 2013, 12:00am by Sandy Li, George Chen

    ... against luxury shops for prime space Sharp-suited bankers are fighting to return to prime locations in Hong Kong where soaring rents had previously forced them to make way for global luxury ... of a five-level shop on Canton Road in Tsim Sha Tsui, one of the busiest shopping streets in the city, for a monthly rent of HK$6 million, or HK$300 per square feet, according to a property market source. ...

    http://www.scmp.com/business/banking-finance/article/1315502/banks-fighting-back-against-luxury-shops-prime-space
  6. News - China - PROPERTY

    New Beijing rules may allow homeowners to rent out their subdivided living rooms

    Posted Jun 13th 2014, 04:51pm by Zhuang Pinghui

    ... in the districts of Chaoyang, Haidian, Fengtai and mostly near hospitals, shopping areas, university campus, industry parks, transportation hubs and city outskirts. More than 80 per cent tenants who live ...

    http://www.scmp.com/news/china/article/1531653/new-beijing-rules-may-allow-homeowners-rent-out-their-subdivided-living
  7. Business - Property - PROPERTY

    Sales of retail shops suffer after duty rises

    Posted Jul 05th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com More defaults forecast for second half in the wake of extra tax burden and lending squeeze Sales of retail shops suffer after duty rises The government's ... poor. Recently, a buyer forfeited HK$4.25 million after terminating a HK$42 million purchase of a 1,000-square-foot street-level shop in Wyndham Street in Central, he said. "Due ...

    http://www.scmp.com/business/article/1275601/sales-retail-shops-suffer-after-duty-rises
  8. Property - Hong Kong & China - PROPERTY

    Shop operators take the stairs to avoid high rents

    Posted Jul 12th 2013, 12:00am by Sandy Li, RACHEL BUTT

    ... Sandy Li and Rachel Butt Smaller players plot survival strategies while ceding prime street-level space to luxury labels Shop operators take the stairs to avoid high rents Soaring street-level shop rents are hitting Hong Kong's cheap eateries and mass retailers as jewellers and other luxury brands compete for prime space. To survive, many have been forced to extend ...

    http://www.scmp.com/property/hong-kong-china/article/1280607/shop-operators-take-stairs-avoid-high-rents
  9. Business - Companies - PROPERTY

    China shopping malls to be more profitable than office space: ARA

    Posted May 22nd 2013, 02:47pm by Jeanny Yu

    ... Investment firm says growing middle class to ensure returns on investment in shopping centres outdo that in office, residential space Shopping malls will surpass office and residential ... Asset Management, a property investment firm partly owned by Li Ka-shing. "District shopping centres with a gross floor area of one million square feet or bigger, and a high [number ...

    http://www.scmp.com/business/companies/article/1243450/chinese-shopping-malls-become-hottest-investment-property-ara
  10. Property - Hong Kong & China - PROPERTY

    Prime rents under pressure as mainland China tourist numbers decline

    Posted May 12th 2014, 02:58am by Peggy Sito, TIFFANY AP

    ... Peggy Sito and Tiffany Ap Changes in shopping habits of mainland tourists will see a fall off in prime rentals, offset by shift to northern districts Rents to fall on slide in tourists ... Rents for high end shops in some prime districts, such as Causeway Bay, could see steeper declines than previously expected, according to property market observers. However, the silver lining ...

    http://www.scmp.com/property/hong-kong-china/article/1510197/prime-rents-under-pressure-mainland-china-tourist-numbers

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