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  • July 23, 2014
  • Last updated: 2:49am
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  1. Property - Hong Kong & China - PROPERTY

    Cofco sees joy in growing mall rentals from Chinese cities

    Posted Jul 07th 2014, 05:28am by Langi Chiang

    ... year, with the event attracting tens of thousands of visitors. About 85 per cent of the seven-storey, 220,000-square-metre complex was open for business on the first day. The shopping mall ...

  2. Property - Hong Kong & China - PROPERTY

    Cityplaza shopping centre to get HK$100m facelift

    Posted Feb 10th 2014, 04:37am by Sandy Li

    ... Sandy Li sandy.li@scmp.com Apita to give up space for more children's wear and cosmetic stores, says mall operator Swire Cityplaza shopping centre to get HK$100m facelift Cityplaza, ... to accommodate the facelift. The last renovation of the shopping centre, which opened in 1983, was in 2001. Elizabeth Kok, the retail portfolio director for the mall's owner, Swire Properties, said ...

  3. News - China - PROPERTY

    New Beijing rules may allow homeowners to rent out their subdivided living rooms

    Posted Jun 13th 2014, 04:51pm by Zhuang Pinghui

    ... in the districts of Chaoyang, Haidian, Fengtai and mostly near hospitals, shopping areas, university campus, industry parks, transportation hubs and city outskirts. More than 80 per cent tenants who live ...

  4. Property - Hong Kong & China - PROPERTY

    Prime rents under pressure as mainland China tourist numbers decline

    Posted May 12th 2014, 02:58am by Peggy Sito, TIFFANY AP

    ... Peggy Sito and Tiffany Ap Changes in shopping habits of mainland tourists will see a fall off in prime rentals, offset by shift to northern districts Rents to fall on slide in tourists ... Rents for high end shops in some prime districts, such as Causeway Bay, could see steeper declines than previously expected, according to property market observers. However, the silver lining ...

  5. Business - Banking & Finance - PROPERTY

    Banks fighting back against luxury shops for prime space

    Posted Sep 23rd 2013, 12:00am by Sandy Li, George Chen

    ... against luxury shops for prime space Sharp-suited bankers are fighting to return to prime locations in Hong Kong where soaring rents had previously forced them to make way for global luxury ... of a five-level shop on Canton Road in Tsim Sha Tsui, one of the busiest shopping streets in the city, for a monthly rent of HK$6 million, or HK$300 per square feet, according to a property market source. ...

  6. Property - Hong Kong & China - PROPERTY

    Centaline Property downsizes in Shanghai amid sales slowdown

    Posted May 14th 2014, 01:23am by Reuters

    ... a hiring freeze in the commercial capital and had been reviewing leases at some of its branches since the fourth quarter of last year. "For agents and shops that can't meet quotas, we ...

  7. Business - Property - PROPERTY

    Sales of retail shops suffer after duty rises

    Posted Jul 05th 2013, 12:00am by Sandy Li

    ... Sandy Li sandy.li@scmp.com More defaults forecast for second half in the wake of extra tax burden and lending squeeze Sales of retail shops suffer after duty rises The government's ... poor. Recently, a buyer forfeited HK$4.25 million after terminating a HK$42 million purchase of a 1,000-square-foot street-level shop in Wyndham Street in Central, he said. "Due ...

  8. Property - Hong Kong & China - PROPERTY

    Shop operators take the stairs to avoid high rents

    Posted Jul 12th 2013, 12:00am by Sandy Li, RACHEL BUTT

    ... Sandy Li and Rachel Butt Smaller players plot survival strategies while ceding prime street-level space to luxury labels Shop operators take the stairs to avoid high rents Soaring street-level shop rents are hitting Hong Kong's cheap eateries and mass retailers as jewellers and other luxury brands compete for prime space. To survive, many have been forced to extend ...

  9. Business - Companies - PROPERTY

    China shopping malls to be more profitable than office space: ARA

    Posted May 22nd 2013, 02:47pm by Jeanny Yu

    ... Investment firm says growing middle class to ensure returns on investment in shopping centres outdo that in office, residential space Shopping malls will surpass office and residential ... Asset Management, a property investment firm partly owned by Li Ka-shing. "District shopping centres with a gross floor area of one million square feet or bigger, and a high [number ...

  10. Property - Hong Kong & China - PROPERTY

    Guangzhou developers fight for sales in slow market

    Posted May 03rd 2014, 04:01am by Langi Chiang

    ... to invest tens of billions of yuan to improve infrastructure such as roads and metro lines here. Scores of shopping malls will mushroom in a few years. A large piece of land in Luogang is scheduled ...




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