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  1. HK office rents stay the most expensive in world, report says

    Posted Mar 31st 2010, 12:00am by Peggy Sito

    ... Office Real Estate Review. Prime class A office rentals in Hong Kong have moved up and down over the past year. They fell 22.4 per cent from the end of 2008 to the middle of last year, ... A office rentals are projected to increase 12 per cent in the next 12 months.' Market transparency and promising capital appreciation of the Hong Kong office market appealed to investors, Lo ...

  2. Rentals edge up marginally

    Posted Oct 29th 2010, 12:00am by Alex Frew Mcmillan

    ... to Jones Lang LaSalle (JLL), rents edged ahead 1.1 per cent in the third quarter to S$4.65 (HK$27.84) per square foot. The most-popular and expensive central districts led the boost, with rents ...

  3. New sales record set for a public rental flat

    Posted Sep 09th 2010, 12:00am by Paggie Leung, Yvonne Liu

    ... Even public rental flats have been caught up in the city's property boom, with price records being broken almost as soon as they are set. The most expensive unit is one in Sham Shui ... and real estate department said. Land Registry data compiled by Midland Realty shows the five priciest public rental flat transactions were all reported this year. Louis Ng, a director at Ricacorp ...

  4. Hong Kong Club hits HK$60m rental gold

    Posted May 30th 2010, 12:00am by Staff Reporter

    ... year, the Hong Kong Club is looking forward to rental income of at least HK$60 million from this financial year on. Even better, it pays government land rent of just HK$324 a year, thanks ... a year. Under a 1983 deal, Hong Kong Land redeveloped the prime site next to Statue Square and opposite the Legislative Council building into a 24-floor tower. It took rental income for 25 years ...

  5. Mong Kok shop sold for HK$300m

    Posted Aug 04th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu A 1,400 square foot shop on 47-51 Shangtung Street in Mong Kok was sold for HK$300 million, putting it in the ranks of the top 10 most expensive shops in terms of unit rate in Hong Kong. The shop is leased to a fashion chain store for HK$645,000 a month, which offers a rental yield of 2.6 per cent to the buyer. Last week, a 750 sq ft shop on 44-48 Yun Ping Road ...

  6. Investors again driving car rental market

    Posted Nov 24th 2010, 12:00am by Staff Reporter

    ... Neil Gough The mainland's car rental market is revving up for a fresh round of investment and expansion after an earlier rush into the sector left foreign investors sputtering at the starting line. Japanese conglomerate Mitsubishi Corp is the latest to enter the fray, paying US$20 million to form a joint-venture car rental company with Zhejiang's Cheeyo Auto Rental, media ...

  7. Home sales tipped to tumble, office rentals to stay strong

    Posted Dec 08th 2010, 12:00am by Sandy Li

    ... expected investors would shift their focus to the office market which, in turn, would accelerate the pace of rental growth. Gavin Morgan, international director and head of markets for Hong Kong, believed office rentals would remain on a strong upward trend next year, rising by 30 to 35 per cent in the overall market. The rise was on top of Jones Lang LaSalle's estimate of 27.5 per ...

  8. Surge in new properties fails to dent Shanghai retail rental market

    Posted Aug 25th 2010, 12:00am by Peggy Sito

    ... Shanghai retail property rentals are seeing strong support despite increasing supply as businesses expand their footholds in response to robust consumption, industry sources say. Retail ... International. Rental rates in emerging areas remained firm, it said. Retail-sector performance was strong, with total sales increasing 15.2 per cent year-on-year in May. 'Meanwhile, the staging ...

  9. Furniture rental takes off in city

    Posted Nov 12th 2010, 12:00am by Staff Reporter

    ... rental, says her company has seen a 10 to 20 per cent jump in local customers renting furniture. 'Five years ago, the market consisted of 80 to 90 per cent expats,' Mok says. 'Now, ... Customers can choose from short-term rentals of a minimum of one month, or long-term deals that are usually two years fixed, or 12 months plus a two-month break clause. Renting for less than two ...

  10. Car rental pays in the long run

    Posted Sep 10th 2010, 12:00am by Staff Reporter

    ... The car rental business in Hong Kong may be hampered by the absence of inbound tourists on fly-drive packages, but there is still consistent demand to meet the needs of other types ... and customers don't normally ask for a model, but send an inquiry based on the group and engine capacity.' Indicative rates for a short-term, self-drive rental of a four-door executive sedan ...




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