Central | South China Morning Post
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  • Apr 19, 2015
  • Updated: 12:47am


Office rents climbing in Tsim Sha Tsui amid decline in Central

While rents are falling in Central, offices in Tsim Sha Tsui remain in strong demand, with grade A rents up by 8 per cent for the year to date, according to Colliers International. Rents in the district are expected to rise 14 per cent this year.

Wednesday, 26 September, 2012, 1:41am

Smaller businesses boost HK rental market

Central office rentals are being underpinned by smaller operations setting up there. Photo: Robert Ng

Leasing activity in Central's office market has become active in recent months, thanks to increasing demand from medium-sized institutions.

However, property agents are divided about whether this means rents may be bottoming out.

29 Aug 2012 - 2:31am

Demand for Central grade-A offices falls

Office rents in Central dropped 6.3 per cent in the first quarter from the final quarter of last year, as big financial institutions disposed of some of their space, according to property consultancy Jones Lang LaSalle.

18 Apr 2012 - 12:00am

Prime office rents fall in Central

Weakening demand from the banking and finance sectors, coupled with a rise in secondary space returning to the market, pulled down prime office rents in Central in the third quarter, property consultants say.

And they expect rents there will continue to fall in the next 12 months.

2 Nov 2011 - 12:00am

Bosses' cars blamed for clogging roads

The long-standing battle over traffic jams in Central has worsened because of an increase in 'bosses' cars', district councillors say.

Drivers routinely clog main roads and narrow footpaths during peak hours while they wait for their employers, the councillors say, while traffic policemen either turn a blind eye or are nowhere to be seen.

28 May 2011 - 12:00am

Poor planning puts HK's business status at risk

A lack of long-term government planning has led to a shortage of office space and high rents, clouding Hong Kong's future as a regional business centre, analysts say.

6 Apr 2011 - 12:00am

5 great: Lace-up booties

Brighten up your autumn look with this pair of metallic green leather lace-ups, complete with gold metal heel. Heels (HK$7,500) by Viktor & Rolf from On Pedder, Wheelock House, Central, tel: 3695 3388

13 Oct 2008 - 12:00am

On style, she rules

Where can I find Ben Nye make-up in Hong Kong? It's theatre make-up but it's got rave reviews at www.makeupalley.com. I'm looking for a product called Final Seal, which purportedly stops make-up from running, even in the summer heat.

Stage Fright, Discovery Bay

22 Jun 2008 - 12:00am

Sheer Genius

For a tantalising glimpse of what lies beneath, choose gossamer-thin fabrics that leave just a little to the imagination.

Lifestyle cover: dress (HK$11,500) by Jil Sander from Joyce, New World Tower, Central. Sunglasses (HK$1,800) by Ksubi from I.T, Sino Plaza, Causeway Bay.

20 Apr 2008 - 12:00am

on style, she rules

I've heard art dresses are big for summer but where can I find one and will it cost as much as a Rembrandt?

Art Lover, Southside

24 Feb 2008 - 12:00am

Hip traders rail against death of wet market

Small businesses drawn to area near historic site

The government claims the area around Central's 140-year-old wet market is in need of renewal, but it seems it may already be happening.

5 Aug 2007 - 12:00am

Street markets to become poll issue

Conservation activists are pushing the preservation of Hong Kong's street markets as an issue for the district council polls in November.

Candidates will be asked to make clear their positions on the issue, according to the activists.

23 Jul 2007 - 12:00am

Firms seek modest locations

Surging Central rents force cost-sensitive companies to move out

With rents of grade A office space in Central continuing to surge, some tenants are beginning to move out of their prestige addresses to decentralised areas.

6 Jun 2007 - 12:00am

Fortis expands in Central despite increasing rents

Fortis, a Belgian financial group that agreed to buy control of Pacific Century Insurance, would soon sign a lease for office space at Three Exchange Square, undeterred by rising rents in the prime Central business district, a source said.

4 Apr 2007 - 12:00am

Financial firms drive up office rent rates in Central

Strong demand for office space from financial institutions and foreign hedge funds drove office rents in Central 4 per cent higher last month.

Average rents of grade-A offices in Central jumped 4.1 per cent to HK$130 per square foot last month, according to Knight Frank research.

21 Mar 2007 - 12:00am