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  • July 29, 2014
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  1. Property - Hong Kong & China - BRICKS & MORTAR

    Mainland students renting rooms rather than flats in Hong Kong

    Posted Jul 28th 2014, 11:56am by Sandy Li

    ... Sandy Li Mainland parents shift from buying or renting flats for their children studying in the city Rentals still in demand, but for rooms only While higher duties on property purchases ... mainlanders prefer renting a room for their children instead of having them share the entire flat with other students. It is a clear indication their budgets have shrunk. A property agent in Tseung ...

    http://www.scmp.com/property/hong-kong-china/article/1561038/mainland-students-renting-rooms-rather-flats-hong-kong
  2. Business - Property - THE VIEW

    Hong Kong needs to think out of the box on rents

    Posted Jul 28th 2014, 04:26am by Peter Guy

    ... Peter Guy A radical solution to HK's housing woes is needed, and that means rent controls, but it might help if we had a popularly elected government Out of the box Irony and cynicism ... if they work longer term in the New Territories. Rent control is the only immediate policy solution. Today, rent increases are based on the ultimate speculative activity- the best guess of what ...

    http://www.scmp.com/business/article/1560685/hong-kong-needs-think-out-box-rents
  3. News - Hong Kong - SOCIETY

    Welfare benefits not enough for rent

    Posted Jul 26th 2014, 04:09am by CALVIN LIU

    ... benefits not enough for rent More than half of those who live on welfare payments have to fork out money from their own pockets for rent as the government subsidy they receive is not enough, ... of their rent and that they had to make up the cash shortfall on their own each month. Two-thirds of those polled also said that their landlords had increased their rents, some by as much as 29 per ...

    http://www.scmp.com/news/hong-kong/article/1559264/welfare-benefits-not-enough-rent
  4. Comment - Insight & Opinion

    Greedy landlords and worship of luxury goods are killing best of old Hong Kong

    Posted Apr 23rd 2013, 12:00am

    ... and Central for 62 years, said farewell to its last customers on Sunday, another casualty of landlords seeking higher rents and more prestigious tenants. The cha chaan teng shared the fate ... closed after the monthly rent doubled to HK$600,000. Ngau Kee's operator, Mak Ping-keung, said his landlord refused to renew his HK$49,000 lease for the 1,300 sq ft restaurant. The site can ...

    http://www.scmp.com/comment/insight-opinion/article/1220977/greedy-landlords-and-worship-luxury-goods-are-killing-best
  5. Property - Hong Kong & China - RETAILING

    Retail vacancies in Hong Kong soaring, but rents dip only slightly

    Posted Jul 26th 2014, 01:38am by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com Vacancies rise as landlords slow to cut rents Vacancy rates for retail outlets, at their highest in three years in four shopping districts, will head higher still by early next year, but not enough to bring down rents by more than a modest amount, analysts say. Research by consultancy Cushman & Wakefield shows 128 shops in Causeway Bay vacant ...

    http://www.scmp.com/property/hong-kong-china/article/1559389/retail-vacancies-hong-kong-soaring-rents-dip-only-slightly
  6. Property - Hong Kong & China - RETAIL PROPERTY

    Retail vacancies in Hong Kong soaring, but rents dip only slightly

    Posted Jul 25th 2014, 11:27am by Yvonne Liu

    ... to bring down rents by more than a modest amount, analysts say. Research by consultancy Cushman & Wakefield shows 128 shops in Causeway Bay vacant this month, up 56 per cent from 81 ... and rents in first-tier shopping streets stayed high, Wu said, retailers would rent shops in second-tier streets at a higher rent so as to be present in the key shopping streets. But now, they would ...

    http://www.scmp.com/property/hong-kong-china/article/1558865/retail-vacancies-hong-kong-soaring-rents-dip-only-slightly
  7. News - Hong Kong - COURTS

    Trial witness tells of Walter Kwok’s rent-free deal for Rafael Hui

    Posted Jul 25th 2014, 11:33pm by Austin Chiu

    ... Austin Chiu austin.chiu@scmp.com Subordinate told not to collect money for two flats where Rafael Hui was living, jury hears Trial witness tells of Walter Kwok's rent deal for Hui ... in arranging rent-free accommodation for Hui. Former SHKP chairman Walter Kwok Ping-sheung instructed a subordinate in 2003 not to collect rent on the two Leighton Hill flats in Happy Valley where Hui ...

    http://www.scmp.com/news/hong-kong/article/1559411/trial-witness-tells-walter-kwoks-rent-deal-rafael-hui
  8. News - Hong Kong

    The Press Room forced to close as high rents push Hong Kong restaurants out of business

    Posted Jul 22nd 2014, 03:57am by Vivienne Chow

    ... Vivienne Chow vivienne.chow@scmp.com High rents tough for restaurants to digest Soaring rents and increasing labour costs are putting a well-known restaurant out of business, while ... Room Group, said yesterday that "due to increasing commercial rents in the area", the business has been forced to close its doors. The group is also closing another of its restaurants ...

    http://www.scmp.com/news/hong-kong/article/1557057/high-rents-hong-kong-make-it-tough-restaurants-survive
  9. News - World - PUBLISHING

    Amazon unveils 'rent an e-book' monthly subscription plan for mobile devices

    Posted Jul 20th 2014, 06:35am by AFP

    ... Agence France-Presse in New York Monthly subscription will offer unlimited access to the online giant's catalogue in a move that could shake up the industry Amazon unveils 'rent ... but also by services such as Spotify for music. Colin Gillis, a technology analyst at BGC Partners, said the move to subscriptions was part of a trend towards "a 'rent, not own' ...

    http://www.scmp.com/news/world/article/1556639/amazon-unveils-rent-e-book-monthly-subscription-plan-mobile-devices
  10. Property - International - GERMANY

    Home prices in Berlin outpace rents

    Posted Jul 16th 2014, 05:08am by Bloomberg

    ... Bloomberg in Berlin Home prices in Berlin outpace rents Advertised prices for Berlin flats rose more than twice as fast as rents in June as housing demand in Germany's capital outpaced construction and low borrowing costs encouraged buyers. An index measuring asking prices for flats in the city in June rose 15.6 points from a year earlier to 161, while a rent index rose ...

    http://www.scmp.com/property/international/article/1554878/home-prices-berlin-outpace-rents

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