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  • November 23, 2014
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  1. HK the world's most expensive for luxury rents

    Posted Feb 21st 2012, 12:00am

    ... a three-bedroom apartment costs about US$9,450 a month to rent, putting it second after Hong Kong in the ranking of most expensive places for high-end rental property. Singapore, ranked ninth globally, ... sought by expatriate employees. 'The number of expat employees in Hong Kong has increased again over the past two years, contributing to the demand for rental accommodation,' ECA ...

  2. Shanghai to see rental for grade A offices rise 20pc

    Posted Jun 27th 2007, 12:00am by Peggy Sito

    ... Kong, he said 'The rental price growth in Shanghai and Hong Kong is huge,' said Mr Cheung. The most expensive office location in Shanghai is the second phase of Hang Lung ... Peggy Sito Rental prices of grade A offices in Shanghai are expected to grow by 15 to 20 per cent each year until 2009, according to property consultants. Strong demand and limited supply ...

  3. U.N. aid agency defends cuts for refugees in HK

    Posted Mar 04th 2012, 12:00am

    ... Ngaotheppitak, head of the UNHCR's Hong Kong office, said the new policy would ensure refugees now have full access to the government's humanitarian assistance and are provided with a rental allowance, utility allowance, food, clothing and toiletries, as well as reimbursement of cash for travelling expenses for certain appointments. The HK$300 allowance the UNHCR now provides is meant ...

  4. HK prices world's second-highest

    Posted Mar 17th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Hong Kong has become the world's second-most expensive city in terms of housing values, topped only by New York, says online research company Global Property Guide. ... outpacing rental growth, Hong Kong ranked poorly in terms of gross rental yield- at 3.12 per cent, the seventh-lowest. Gross rental yield for a New York flat was 3.75 per cent, Tokyo was 5.69 per ...

  5. Clean, cheaper pastures draw expats to Lion City

    Posted Jul 30th 2011, 12:00am

    ... costs, limited education options, and a rapidly diminishing quality of life here. While high property prices are partly to blame for the shift, surging rental rates are the real issue, Hill says. ... to rise, things are getting vastly more expensive for the bulk of them.' This, in turn, is closely followed by a lack of placements at international schools, he notes. 'We've had ...

  6. Central, Kowloon trump London, Paris for retail rent

    Posted Jul 12th 2012, 12:00am

    ... in the city, which ranks as the second most expensive in the world. A report from Colliers International, 'Retail Highlights Mid-Year 2012', has found that New York's Fifth Avenue kept its top spot as the world's most expensive fashion retail street, with annual rent of US$2,633 per sq ft as of March. Next were Queen's Road, Central, and Canton Road, Kowloon, ...

  7. High costs dampen HK's cosmetic surgery appeal

    Posted Aug 07th 2011, 12:00am

    ... rental costs and wages have severely limited so-called medical tourism in the city, while regional rivals such as Taiwan and South Korea attract droves of newly rich mainlanders seeking ... private hospitals and clinics has proved to be more expensive than in other countries, so locals and others are now looking to go under the scalpel elsewhere. Dr Ying Shun-yeun, of The Ying Clinic ...

  8. Home sales face hit from mainland slowdown

    Posted Dec 14th 2011, 12:00am

    ... of stagnation,' the report says. 'However, an expected drop in rental levels next year should encourage investors that value has returned and upside gains are possible. This is likely to create ... feet by the end of next year, it says. 'Despite a downward adjustment in rents, Hong Kong will remain among the most expensive office locations in the world and the wider issue of Hong ...

  9. Optimism over Shanghai skyscraper

    Posted Sep 03rd 2008, 12:00am by Chloe Lai

    ... Chloe Lai in Shanghai Minoru Mori, the president and chief executive of Japan's biggest private developer, Mori Building, is optimistic about rental prospects for his latest project, ... and Taipei 101. The building is owned by Mori Building, whose other projects include the renowned Roppongi Hills in Tokyo. The skyscraper has the most expensive office space in Shanghai, charging ...

  10. Pie in the sky

    Posted May 29th 2010, 12:00am by Stephen Vines

    ... expensive food stores. And the big developers' iron grip on the property market- aided and abetted by the government's land sale policies which all but shut out smaller developers- leads ... in Kowloon Bay, a fast-developing office area dominated, as ever, by the usual gaggle of property oligarchs. Dealing with the landlord, aside from the elementary issue of rental prices, ...




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