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  • October 20, 2014
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  1. Property - Hong Kong & China - LEASING

    Demand for luxury flats to rent still strong, Kerry Properties says

    Posted Aug 22nd 2012, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Money is no object when it comes to finding the right home, and entrepreneurs are keen to lease, not buy, and keep their cash for business Luxury flats command 30 pc rent premiums Demand for luxury rental properties remains strong, with Kerry Properties re-leasing flats in its "super deluxe" Tavistock development in Mid-Levels at a 30 per ...

  2. Luxury home rentals fall amid fewer expat hires

    Posted Jul 25th 2012, 12:00am

    ... led to a fall in rental demand for high-end flats. Global property consultant Jones Lang LaSalle said rents for luxury residential properties had declined by 7.5 per cent in the first half of this year. 'The limited inflow of expatriates is expected to lead to subdued activity in the leasing market and put further pressure on luxury residential rents,' said Joseph Tsang, ...

  3. Shortage fuels surge in luxury rental rates

    Posted Oct 24th 2007, 12:00am by Kenneth Ko

    ... Richard Ellis. The surging capital values of luxury residential properties had convinced some leasing property owners to sell their assets, leading to a shortage of leasing stock and boosting ... residential districts on Hong Kong Island. 'As the sale price of luxury residential properties is surging at a much faster rate than rental growth, the yield return of leasing properties ...

  4. Smaller pool of luxury

    Posted Mar 29th 2006, 12:00am by Kenneth Ko

    ... economic performance. High-quality luxury residential properties are especially sought after by expatriates, most of whom are in the financial, accounting, legal, information technology ... Kenneth Ko A shortage of stock and growing demand as firms expand will lead to big rent rises in the high-end residential sector this year The luxury residential leasing market is expected ...

  5. Expats drive up luxury leasing market

    Posted Mar 26th 2008, 12:00am by Kenneth Ko

    ... there was a rising trend in the luxury residential leasing market to cater for the specific needs of different tenants. 'In the past, the property hardware and its location were the deciding factors ... for the Repulse Bay flats. Signature Homes, the luxury residential leasing arm of Sun Hung Kai Properties, provides one-stop personalised service to tenants with its SignatuRep concierge service. ...

  6. Rents soar as luxury homes are snapped up

    Posted Sep 07th 2005, 12:00am by Peggy Sito

    ... terraces. Tenants are required to pay management fees of $15,000 to $16,000 a month. The average rent of luxury residential properties jumped 13.2 per cent in the first half of the year, according ... in the Peak's rarefied atmosphere it only covers the rent for a month in a new development where management fees will set tenants back a further $16,000. As the luxury residential lease market grows ...

  7. Shanghai property prices buck the trend with 5.3pc increase

    Posted Jul 13th 2007, 12:00am by Staff Reporter

    ... residential market remains active with a high level of end-user demand for luxury residential properties,' it said. 'Investments in luxury residential properties shot up as many investors ... Lang LaSalle Shanghai. 'Local investors cashed in on the stock market and turned to properties. There is also a push from overseas buyers who are bullish on the economy.' The luxury ...

  8. HK buyers snap up Shui On's luxury flats

    Posted May 30th 2009, 12:00am by Sandy Li

    ... to take a long-term view as property prices were unlikely to rise significantly in the near term. The investment yield for luxury residential projects was about 2 to 3 per cent a year as rents ... Sandy Li Shui On Land's recent sale of luxury flats in Shanghai's upmarket Xintiandi district has proved popular with Hong Kong buyers, indicating restored property investor ...

  9. Luxury home rents at highest level in 7 years

    Posted Sep 29th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Luxury residential rents monitored by Ricacorp Properties have climbed to their highest level since the property agency began keeping data seven years ago. The data shows ... for luxury residential properties has benefited from the recovery in the economy,' said Eric Cheung Wai-man, a director at Ricacorp Properties. 'Many investment banks and multinational ...

  10. New curbs hit Beijing's luxury sector

    Posted Aug 16th 2006, 12:00am by Yvonne Liu

    ... complaining. Analysts say the recently announced policies restricting property purchases by foreigners would have a big impact on the luxury residential market, where most buyers are foreigners. Last ... for buying non-residential property in the mainland. The new restrictions, which came a month after the government announced nationwide measures to slow rising property prices, are expected to dampen ...




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