• Thursday
  • November 27, 2014
  • Last updated: 5:17am
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 15 for rental expense

Search results

  1. CRA plans ambitious mainland expansion

    Posted Aug 05th 2004, 12:00am by Staff Reporter

    ... Louisa Kwan said. In Hong Kong, the company will spend $20 million on increasing the number of its shops to 210 this year, from 193 branches now. Ms Kwan said average rental expenses, which ...

  2. Rising rents eat into Pizza Hut as sales stay stagnant

    Posted Mar 11th 2004, 12:00am by Sandy Li

    ... The chain had scrapped plans to open additional outlets in Causeway Bay and Tsim Sha Tsui, he said. But the company would resume expansion once rentals dropped to reasonable levels. Mr Yip said it would be difficult for a new store to make a profit if rental expenses exceeded 20 per cent of sales. The business environment in Hong Kong was tough compared with Taiwan and Hawaii. Mr Yip said ...

  3. Leasing demand soars at iconic tower

    Posted Oct 31st 2008, 12:00am by Kenneth Ko

    ... representing an opportunity for these companies to save a fortune in rental expenses.' Mr Lo said the rising office rents in Central and other areas in the past two quarters reflected that demand ... periodically so there is no specific leasing going rate for comparison with the initial offer. But it almost goes without saying that rental levels are low when compared with Central, making the ICC ...

  4. Kerry sees 10pc gain in rental income

    Posted Aug 31st 2004, 12:00am by Staff Reporter

    ... property Ernest Kong Kerry Properties has seen a 10 per cent increase in rental income in Hong Kong for the first six months of this year. The company, which focuses on the luxury rental market, said it earned about HK$150 million in rental income from about 400 residential units during the period. Kerry Real Estate Agency executive director Chu Ip-pui was optimistic about ...

  5. Battle rages over bulging rents

    Posted Jul 27th 2005, 12:00am by Staff Reporter

    ... [the] Sars outbreak. It would be unfair to use such a low base as a comparison. From a historical point of view the current rental level is not expensive at all,' he said. Mr Lee said ... smoke-free pub in the city could be forced out of business in three months for refusing to accept the landlord's new monthly rental of $280,000 for its 2,800 sqft outlet. The rent is an 86.67 ...

  6. Developers optimistic about serviced apartment sector

    Posted Jun 11th 2010, 12:00am by Andrea Li

    ... in the office, but a couple or a family looking to make Macau their home for the next few years. 'Macau's rental market also offers more value for money. It is not expensive to rent a decent ... to executives' lengthier job postings and cheaper property prices. 'Renting an apartment in Macau is not as expensive as Hong Kong. With the majority of expatriates signed on to work in Macau ...

  7. Chongqing launches huge public housing programme

    Posted Apr 07th 2010, 12:00am by Sandy Li

    ... they are too far away from the city centre and will make commuting a long and expensive exercise. Office worker Deng Xiangguo is typical of those targeted by the rental scheme. Deng, 28, earns 3,000 yuan a month and rents a 90-square-metre unit in the city's urban area with his friend for 1,200 yuan a month. 'Yes, the rental will be cheaper. But it will take me 11/2 hours ...

  8. Management fees stay static while rents fall

    Posted Nov 05th 2003, 12:00am by Staff Reporter

    ... the service charge represents a large proportion of the rental cost.' According to Colliers, most grade-A office developers still charged more than $8 per square foot in service charges. The main ... 'Energy expenses, one of the major running costs, have remained unchanged for many years,' Mr Brunner said. Pang Shiu-kee, managing director, SK Pang Surveyors, said management fees had ...

  9. Pearl River Tower to give tenants green image

    Posted Dec 16th 2009, 12:00am by Chloe Lai

    ... had motivated a tobacco firm to build China's most ambitious green building. Eric Lam, the general manager of Colliers International in Guangzhou, declined to disclose projected rentals but stressed the building would set new benchmarks for grade A office rentals in the city. Current grade A rentals in the area are about 200 yuan (HK$227) per square metre. Lam said a number of large ...

  10. Japanese market ripe for investment: consultant

    Posted Oct 27th 2004, 12:00am by Staff Reporter

    ... to find the right investment deals for investors. Target assets will be in suburban areas in major Japanese cities, where yields are stable. 'Although everyone knows prices are expensive ... it provided greater value because they had not been able to access it or find the deals. Ajia Partners head of real estate John Lee said top investors focusing on Japan were achieving rental yields ...




SCMP.com Account