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  • September 30, 2014
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  1. Property - Hong Kong & China

    Hong Kong fails to reclaim top spot in office rental costs

    Posted Jun 25th 2014, 01:30am by Peggy Sito

    ... London's West End jumped 6.8 per cent to US$277, a survey by CBRE found. Occupancy cost in Central stood at US$234 in September last year. The West End unseated Hong Kong as the most expensive ...

    http://www.scmp.com/property/hong-kong-china/article/1539686/hong-kong-fails-reclaim-top-spot-office-rental-costs
  2. Property - International - UNITED STATES

    US August housing starts fall as builders focus on rental market

    Posted Sep 24th 2014, 06:07am by Bloomberg

    ... Bloomberg in Washington Americans decide not to buy, sending work on apartments and condominiums down 31.7pc August housing starts fall as builders focus on rental Housing starts slumped ... in homeownership in the wake of the housing bubble that coincided with the last recession points to further gains in building of rental properties, according to McCarthy. The commerce department's ...

    http://www.scmp.com/property/international/article/1598815/us-august-housing-starts-fall-builders-focus-rental-market
  3. News - Hong Kong - REAL ESTATE

    London overtakes Hong Kong as 'world’s most expensive city'

    Posted Sep 24th 2014, 02:59pm by James Griffiths

    ... James Griffiths james.griffiths@scmp.com Rising rent and a strong pound have made London the world’s most expensive city to live and work in, surpassing Hong Kong for the first time ... behind and in all cities the combined cost of renting residential and office space tops US$100,000 per employee per year. “I don’t think it’s desirable necessarily to be the most expensive city ...

    http://www.scmp.com/news/hong-kong/article/1599482/london-overtakes-hong-kong-worlds-most-expensive-city
  4. Property - Hong Kong & China - RETAIL

    Global retail report says Hong Kong is most expensive place for shop rents

    Posted Sep 12th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com A global report says top rentals in prime areas have soared to over US$927 per sq ft per year HK confirmed as the most expensive for shop rents Hong Kong is the most expensive place in the world for shop rents, according to property consultants Cushman & Wakefield. A dearth of prime shopping space and the lure of big-spending mainland tourists has ...

    http://www.scmp.com/property/hong-kong-china/article/1034283/global-retail-report-says-hong-kong-most-expensive-place
  5. Property - Hong Kong & China

    For sale: HK$819m house on Hong Kong's Peak is world’s most expensive per square foot

    Posted Aug 07th 2014, 11:39am by Sandy Li

    ... per square foot. If it fetches that amount, it will be the world’s most expensive home in terms of price per square foot. SHKP released the price list of the 12 houses at Twelve Peaks in 12 ... the site at 12 Mount Kellett Road in 2006 for a record HK$1.8 billion, or HK$42,196 per square foot. The most expensive home in the city is House 10 at Skyhigh on Pollock’s Path, which measures ...

    http://www.scmp.com/property/hong-kong-china/article/1568173/hk819m-house-peak-would-be-worlds-priciest-square-foot
  6. Property - Hong Kong & China

    Hong Kong to see 10pc rise in office rents over next five years

    Posted Sep 24th 2014, 03:10pm by Peggy Sito

    ... to international property consultant Knight Frank. In a contrast, Singapore is expected to see strong rental growth as the country is seen as a strategic base for global companies to expand into Southeast ... sustain prime office rental growth in the Southeast Asian nation, said Ji. However, Hong Kong office rent is already among the highest in the world. “So any further drastic growth in the next five ...

    http://www.scmp.com/property/hong-kong-china/article/1599497/hong-kong-see-10pc-rise-office-rents-over-next-five-years
  7. Property - International - CANADA

    Toronto condo sales surge on rentals demand

    Posted Jul 23rd 2014, 05:20am by Bloomberg

    ... Bloomberg in Toronto Investors snap up Toronto flats as rising prices push more out of the buying market Condominium sales surge on rentals demand Toronto condominium sales jumped in the second quarter, as investors in Canada's biggest city soaked up a wave of supply to feed demand for rentals. Unit sales rose 10 per cent to 6,553 in the three months ended in June from ...

    http://www.scmp.com/property/international/article/1557222/toronto-condo-sales-surge-rentals-demand
  8. Property - International - SPECIAL REPORT: PROPERTY MATTERS

    Singapore prices still on the slide

    Posted Sep 24th 2014, 03:40am by Peta Tomlinson

    ... but Singapore house prices are on the slide. Prices of private residential properties in Asia's second-most expensive housing market, after Hong Kong, dropped by a further 1.0 per cent ... mainly in the suburban areas. Average rentals for luxury and prime condominiums also fell, by 2.5 per cent and 3.0 per cent, respectively, after holding up in the first quarter. However, despite ...

    http://www.scmp.com/property/international/article/1598791/singapore-prices-still-slide
  9. Property - Hong Kong & China - RETAIL

    Retail rents cut as landlords fight to keep tenants

    Posted Sep 11th 2014, 06:01am by Peggy Sito

    ... double-digit declines, said Kevin Lam, DTZ's head of business space, Hong Kong. Most of the leasing transactions done in recent months either maintained the rental level of the previous contract or had returned to the level in 2011, Lam said. A number of retail properties in Russell Street, Causeway Bay, will have contract renewals early next year. "The change in rentals ...

    http://www.scmp.com/property/hong-kong-china/article/1589635/retail-rents-cut-landlords-fight-keep-tenants
  10. Property - Hong Kong & China - COMMERCIAL

    Legal sector driving office-rental market in Central, CBRE reports

    Posted Sep 05th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Legal sector driving office rental market in Central The legal sector has become one of the main drivers of the Hong Kong office-rental market, particularly ... and in the second case to become more efficient in expensive locations and allow the company to grow within its existing footprint. A recent study by CBRE details the challenges now being faced ...

    http://www.scmp.com/property/hong-kong-china/article/1029465/legal-sector-driving-office-rental-market-central-cbre

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