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1. News - Hong Kong - PROPERTY

   High rents force consulates out of Central district

   Posted Oct 31st 2012, 12:00am by Gary Cheung, Amy Nip

   ... are quitting core districts for other areas, where costs are up to 60pc cheaper The high cost of renting an office in Hong Kong is forcing more consulates ... Not only these force business to move to less desire locations, I came across many people or families move further away with less space as rents in flats also jump anywhere from 10 to 50%. So you either spend less money, eat less or pay less rent. But I have not heard of analysts or politicians talking or warning about this competitiveness issue. Interesting. ...

   http://www.scmp.com/news/hong-kong/article/1073534/high-rents-force-consulates-out-central-district
2. Banking on a recovery

   Posted Oct 30th 2009, 12:00am by Kenneth Ko

   ... employees amid an improved global economic outlook. Serviced apartment operators have reacted to this spur in demand with firmer asking rents, although they are still offering flexible lease terms ...

   http://www.scmp.com/article/696763/banking-recovery
3. Sino boosts leasing portfolio

   Posted Oct 15th 2008, 12:00am by Yvonne Liu

   ... and will be the only new release in the area this year. Victor Tin Sio-un, an assistant general manager of Sino Group's leasing department, said the developer was targeting monthly rents of at least ...

   http://www.scmp.com/article/656262/sino-boosts-leasing-portfolio
4. News - Hong Kong - PROPERTY

   Doubled rent forces closure of 42-year-old Lei Yuen Congee Noodles

   Posted Jan 29th 2013, 12:00am by JOLIE HO

   ... News Hong Kong Lei Yuen Congee Noodles Property High rents Jolie Ho jolie.ho@scmp.com Nearly a hundred people queued outside a 42-year-old congee and noodle shop in Causeway Bay yesterday to say goodbye on its second last day of business. Lei Yuen Congee Noodles, behind the Sogo department store in Lockhart Road, has been forced to close after rent for the 1,000 sq ft shop ... and cost to travel back home. The kitchen and working condition is dirty and horrible. Besides rent, this will not attract there kids to continue the biz as this is too hard for them. That's ...

   http://www.scmp.com/news/hong-kong/article/1138175/doubled-rent-forces-closure-42-year-old-lei-yuen-congee-noodles
5. News - Hong Kong

   Shape Easy 22 blames high rents for outlet closures

   Posted Nov 03rd 2012, 12:00am by Jennifer Cheng, Ada Lee

   ... News Hong Kong Shape Easy 22 outlet closures High rents Jennifer Cheng and Ada Lee Beauty and fitness centre Shape Easy 22 says soaring rents forced it to close its three of its outlets this week. The centre posted notices on the doors of its Mong Kok and Causeway Bay branches saying its leases had ended and would not be renewed because of rent rises of 80 per cent. The notices said ...

   http://www.scmp.com/news/hong-kong/article/1074763/shape-easy-22-blames-high-rents-outlet-closures
6. Comment - Insight & Opinion

   Hong Kong planners must cater to noodle shops amid unsavoury rent rises

   Posted Mar 16th 2013, 12:00am by Andrew Sheng

   ... by the film Jiro Dreams of Sushi, about a dedicated Michelin-star sushi shop in the Tokyo subway. Tokyo sushi shops also have to pay the high rents, but perhaps their landlords realise Japanese ...

   http://www.scmp.com/comment/insight-opinion/article/1191648/hong-kong-planners-must-cater-noodle-shops-amid-unsavoury
7. Business - Money - PROPERTY

   Restaurants pay top rents for spot in Causeway Bay's Ginza-style project

   Posted Jan 09th 2013, 12:00am by Sandy Li

   ... Business Money Markets & Investing Property Hong Kong & China Soundwill Holdings Causeway Bay High rents Soundwill Plaza II - Midtown Sandy Li sandy.li@scmp.com Soundwill's latest project in Causeway Bay expected to cost tenants HK$100 psf per month Rents at Soundwill's new "Ginza-style" commercial project, Soundwill Plaza II - Midtown, in Causeway ...

   http://www.scmp.com/business/money/markets-investing/article/1123386/restaurants-pay-top-rents-spot-causeway-bays-ginza
8. Business - Money - PROPERTY

   Long-time Lamma residents feel pinch of rising rents

   Posted Apr 22nd 2013, 12:00am by TIFFANY AP

   ... increased the rent on my business by 100 per cent," Ozen says. "They don't care that I've been a good tenant for years." Lamma Island, long a sanctuary from high-cost Hong ...

   http://www.scmp.com/business/money/article/1219967/long-time-lamma-residents-feel-pinch-rising-rents
9. Business - Economy - PROPERTY

   Call for last orders after 45 years

   Posted Nov 28th 2012, 12:00am by Paggie Leung

   ... may be able to get a better tenant or buyer," he said. At another busier section of Shau Kei Wan Road, the rent for a 1,000 sq ft ground level shop at Tai On Building can be as high ...

   http://www.scmp.com/business/economy/article/1092541/call-last-orders-after-45-years
10. Comment - Insight & Opinion

    Greedy landlords and worship of luxury goods are killing best of old Hong Kong

    Posted Apr 23rd 2013, 12:00am

    ... Comment Insight & Opinion Ngau Kee Food Cafe Rent SCMP Editorial Another Hong Kong-style restaurant bites the dust. Ngau Kee Food Cafe, which has been serving neighbours and office workers in Sheung Wan and Central for 62 years, said farewell to its last customers on Sunday, another casualty of landlords seeking higher rents and more prestigious tenants. The cha chaan teng ...

    http://www.scmp.com/comment/insight-opinion/article/1220977/greedy-landlords-and-worship-luxury-goods-are-killing-best

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