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  • August 21, 2014
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  1. HK rents third most expensive for expatriates

    Posted Feb 16th 2011, 12:00am by Sandy Li

    ... up,' says Lee Quane, regional director of ECA Asia. Tokyo is the most expensive location, with an average rental of US$4,352 for a two-bedroom unit, while Moscow ranked second at US$3,500. ... Sandy Li Hong Kong has leapt six places to become the world's third most expensive city for expatriates to rent a two-bedroom apartment, according to a survey released by human ...

  2. Shanghai closes shop rental gap

    Posted Dec 21st 2011, 12:00am

    ... the most expensive city in the world in terms of high-street shop rentals. 'But the gap in rentals of shops in retail centres between the two cities is narrowing,' she said. According ... Peggy Sito peggy.sito@scmp.com Hong Kong remains the most expensive retail address in the Asia-Pacific region, but Shanghai is rapidly climbing the rankings ladder, say property ...

  3. 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 ...

  4. HK trophy homes the world's most expensive

    Posted Sep 23rd 2011, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Hong Kong is the most expensive city in the world when it comes to billionaire trophy homes, according to a report by Savills, the international property ... London's and over 10 times the price in Sydney, the cheapest location for billionaires that Savills charted. The report said that while genuine overall demand is strong, evidenced by rental ...

  5. 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. ...

  6. Supply surge seen hitting grade A office rents

    Posted Jan 08th 2008, 12:00am by Nathan Zhang

    ... Fulton Mak and Nathan Zhang Property consultancy Colliers International has forecast a slackening in rental growth at Hong Kong's grade A office premises and a widening gap in rental rates between core and non-core areas as supply increases. Meanwhile, a survey by fellow consultancy DTZ found Hong Kong to be the second-most expensive business location in the world after ...

  7. Big names take HK rents to new high

    Posted Jun 02nd 2011, 12:00am

    ... retail rents still ranked below New York's US$1,900 per square foot per year on the list of the 20 most expensive retail rental markets in the world in the first quarter. Still, property ... Peggy Sito peggy.sito@scmp.com Retail rents in Hong Kong jumped 46 per cent quarter on quarter, making it the second-most expensive location in the world as major brands vied for limited ...

  8. HK most expensive city for office rents

    Posted Feb 15th 2012, 12:00am

    ... Peggy Sito peggy.sito@scmp.com Hong Kong was the world's most expensive city for offices last year, followed by London, Geneva, Tokyo, and Zurich, according to property consultant ... expectations of falling costs in 2012, we forecast Hong Kong to remain the most expensive office location in the region until 2016, although the gap between it and Tokyo is narrowing as the latter sees ...

  9. Fund sees record rentals for Macau luxury flats

    Posted Jun 30th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu The Macau Property Opportunities Fund has achieved record rentals for units in The Waterside, a luxury residential block in Macau that it bought from Hongkong Land and Shun Tak ... units after the project was completed last year. More than 10 flats have been leased since the project was launched last month and the average rental achieved is HK$20 per square foot- a record ...

  10. HK drops to ninth in expensive city ranking

    Posted Aug 27th 2011, 12:00am

    ... Billy Clarke According to Mercer's 2011 Cost of Living survey, Hong Kong has dropped from the eighth spot and become the ninth most expensive city in the world for expatriates to live ... with other cities where the exchange rate was getting much stronger,' she says. Singapore jumped up in the survey from the 11th most expensive city in the world to eighth, but this does ...




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