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  1. Economy, rent surge slow shops market

    Posted Oct 05th 2011, 12:00am

    ... Paggie Leung paggie.leung@scmp.com Leasing and sales of retail properties have slowed in the past two months as market turmoil and steep rises in rents and prices bite, agents say. ... in retail property prices and rents. As a result they are not willing to lower rents to meet tenants' prices, Chan said. Some tenants with three-year leases may have secured relatively low ...

  2. Downward pressure on rents to worsen

    Posted Mar 16th 2012, 12:00am

    ... Kenneth Ko Deepening economic woes in Europe are taking a toll on Hong Kong's office sector, with prime rents in core business districts edging down at a time when multinational ... with news of lay-offs spreading in some retail banks and investment banks. According to property consultants, a growing number of banks have decided to return office space through surrender or upon ...

  3. Talkback

    Posted May 04th 2006, 12:00am by Staff Reporter

    ... I visited the suggested retailer, I was told they did not know about the model and could not obtain it. I have learned that the manufacturer supplies only one retailer in Hong Kong and that retailer is one of the big two in the city. However, that retailer is selling the product $100 above the price suggested by the manufacturer. They then offer a discount to sell it at the original price. ...

  4. Fake thieves to ward off criminals

    Posted Aug 30th 2004, 12:00am by Staff Reporter

    ... Jane Cai A Guangzhou company is touting a criminal scarecrow service, offering to rent 'thieves' to stores and supermarkets to ward off pickpockets. The Guangzhou Daily said a representative visited a supermarket and offered to lease one or two employees to the retailer for public humiliation. 'Your security guards can catch them, hang a board around their necks ...

  5. Furniture rental takes off in city

    Posted Nov 12th 2010, 12:00am by Staff Reporter

    ... Local investors are seeking to cash in on the city's massive property boom by renting furniture to help owners sell their flats. Fiona Mok Lai-yin, sales director for Indigo furniture rental, says her company has seen a 10 to 20 per cent jump in local customers renting furniture. 'Five years ago, the market consisted of 80 to 90 per cent expats,' Mok says. 'Now, ...

  6. Rents to rise as buyers wait on price drop

    Posted Aug 25th 2010, 12:00am by Sandy Li

    ... Sandy Li Residential rents are expected to rise because of the government's measures to cool the housing market. This is because people planning to buy homes, anticipating a fall in residential prices, will postpone buying and continue to rent. And those owning rental properties are likely to keep them empty in case they need to sell before prices drop too much, constricting ...

  7. Eastward move to Kowloon's business hub gathers pace

    Posted Mar 26th 2010, 12:00am by Kenneth Ko

    ... surveyors and contracting firms have relocated to Kowloon East to take advantage of the more competitive rents. They are looking for cost savings in the medium to long term.' Located in 100 How ... average rents at Landmark East have increased more than 15 per cent since the end of last year, given increased leasing interest. He expects the upward momentum for rents to continue and hopes ...

  8. Deal tipped on illegal columbariums

    Posted Apr 07th 2010, 12:00am by Staff Reporter

    ... Cheung Chi-fai Signs have emerged that land lease disputes between the government and operators of columbariums may be nearing resolution after talks on out-of-court settlements. The Lands Department says it is ready to consider allowing some operators to ...

  9. Rising rents killing the scents

    Posted Sep 15th 2011, 12:00am

    ... what he called a ridiculous rent increase. Next week on Friday, the Fat Angelo's Italian-American chain will close its Elgin Street branch after 12 years on the premises in response to a demand for about double the rent it had been paying. It's a familiar story. Fat Angelo's managing partner Andy Chworowsky says that although Elgin Street was already a busy restaurant ...

  10. Doctor is accused of HK$2.2m rent scam

    Posted Jun 01st 2011, 12:00am

    ... Austin Chiu austin.chiu@scmp.com A public doctor was accused of embezzling more than HK$2.2 million in housing allowances by claiming rent on a flat he owned and asking another doctor ... 10 years,' prosecutor Giles Surman said. 'He did so by renting his own property to himself.' Surman said Yuen bought the property and asked a close friend, public doctor Tang ...




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