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  1. Tiny match-box shops pack a world-class rental punch

    Posted Sep 16th 2009, 12:00am by Sandy Li

    ... Sandy Li Dynamite, it is said, comes in small packages. And Hong Kong's tiny 'match-box' shops pack a rental punch that puts them among the most explosively expensive retail outlets in the world. 'They're just like tiny match boxes but they command unbelievably high rentals on a per square foot basis,' said Tony Lo Chin-ho, a director of the retail ...

  2. Hong Kong takes world lead in office rental costs

    Posted Feb 26th 2009, 12:00am by Staff Reporter

    ... Fulton Mak Hong Kong overtook London as the most expensive place to rent offices last year, but the No1 position may be fleeting as local landlords brace for a big decline in the market ... International (Hong Kong), said the practice of having long-term leases in Japan, which may extend five or 10 years, would make the rental correction in Tokyo relatively more moderate than in Hong Kong. ...

  3. Rental sector is on the road to recovery

    Posted Sep 25th 2009, 12:00am by Alex Frew Mcmillan

    ... But Hong Kong is still one of the five most expensive cities in the world when priced per sq ft per year, according to a report from CB Richard Ellis, with Central District at US$150.42. ... now and 2013. But Hong Kong has little new supply. In a study by Colliers, Hong Kong ranks as having the most expensive office space in the world, in terms of occupancy cost. According ...

  4. Rental slide gives tenants the whip hand

    Posted May 29th 2009, 12:00am by Kenneth Ko

    ... of this year. However, the pace of rental decline has slowed compared with the sharp correction in the fourth quarter of last year when market sentiment was severely hit by the credit crunch. ... such as retail, legal and technology. She said rental allowances for staff at multinational companies had been reduced by 10 to 20 per cent, but the negative impact was partly offset by the decline ...

  5. Value for money

    Posted Oct 28th 2009, 12:00am by Peta Tomlinson

    ... in suburbs that have historically grown strongly, but fell heavily during the global financial crisis. 'These will typically be the more expensive suburbs in Sydney, and I believe they have ... falls in the past two financial years but also have decent gross rental yields to attract investors. These are: beachside Bronte, where in 2008/09 the median house price change was minus 19.5 ...

  6. Legislators must be honest about expenses

    Posted Jun 01st 2009, 12:00am by Staff Reporter

    ... regularly claims the maximum allowable amount for entertainment and travel expenses. Rules based on lawmakers being people we can trust mean that more than HK$164,000 a year can be claimed without providing receipts. Honour systems are not unusual in the world of politics. But as the expenses scandal rocking Britain's Parliament so plainly proves, assumptions should never be taken ...

  7. Securing permanent residence

    Posted Mar 18th 2009, 12:00am by Staff Reporter

    ... on their worldwide income. Expenses, losses and debts can be offset against this. Depending on the taxpayer's circumstances a certain amount of income is tax-free. There is no capital gains tax or inheritance tax. On the downside, IRS homebuyers must pay a US$70,000 purchase tax. Alternatively, overseas investors can buy less expensive homes at Real Estate Schemes (RES) where prices start ...

  8. Hysan profit dips 4.1pc but rentals buoyant

    Posted Aug 12th 2009, 12:00am by Staff Reporter

    ... investments, but its overall rental business remained resilient. Recurring underlying profit was HK$580 million for the six months to June, compared with HK$605 million a year earlier. The decline ... the first half, said executive director Wendy Yung Wan-yee. However, rentals for new contracts signed in the first half were 37 per cent higher than contracts signed three years ago, which helped ...

  9. Emperor Group pays record price for shop

    Posted Dec 22nd 2009, 12:00am by Peggy Sito

    ... the rental yield was as low as about 2 per cent, he said. 'It is seen as expensive at this moment, but there is rental growth potential in the area,' the source close to the buyer said. ... The unit is leased to luxury retailer Emperor Watch & Jewellery, a sister company of Emperor International, at a monthly rental of HK$1.4 million. Both companies are controlled by Albert Yeung ...

  10. Link tops forecasts with 19.3pc rise in distributable income on rental mix

    Posted Nov 20th 2009, 12:00am by Yvonne Liu

    ... thanks to improvements in occupancy rates and rental growth. Distributable income rose to HK$1.06 billion from HK$884 million in the same period last year. It was achieved on the back ... HK$28.40 per square foot six months earlier. The rental level was 10.8 per cent higher than a year earlier as the property trust's revenue surged 10.7 per cent to HK$2.44 billion. ...




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