Production | South China Morning Post
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  • Mar 4, 2015
  • Updated: 12:17pm

Production

Limited supply sees rent rise

Rapid expansion by domestic corporations in the finance sector, coupled with the limited supply of grade-A offices, has contributed to rent increases and a decline in vacancies in the commercial property leasing market.

Wednesday, 30 November, 2011, 12:00am

Firms upgrade to better offices in weaker market

With supply of grade A office space in Shanghai surging and rentals under downward pressure, some tenants are moving into more prestigious addresses from office buildings on the fringes of the core business district.

27 Oct 2010 - 12:00am

Treasure Island offers innovative designs and treats to please all

Exhibitors will showcase unique and some unusual products at this year's Summer Sourcing Show for Gifts, Houseware and Toys.

Products range from cute key rings and stuffed toys to more sophisticated items designed for fun in the sun.

Pets are as much a part of the family as any other member of a household and pet-related items are increasingly seen in stores.

20 Jun 2007 - 12:00am

Lawmakers fume at Link chief's defiance

Legislators warned they might summon the boss of The Link Management to explain its rent policy after he refused to show up yesterday for a Legislative Council panel meeting considering the issue.

The housing panel passed a motion expressing regret at the absence of The Link's chief executive officer, Victor So Hing-woh, and requested him to attend the panel's next meeting.

5 Jan 2007 - 12:00am

How it works

Current rent calculation

Takes into account inflation, wage movements, estate running costs, Housing Authority finances and tenants' affordability based on a median rent-to-income ratio of 15 to18 per cent (i.e. rent should not exceed 15-18 per cent of the median income of tenants)

Options being considered

A new median rent-to-income ratio formula to:

10 Mar 2006 - 12:00am

HA to launch review of domestic rent policy

Updated at 5.40pm: The Housing Authority (HA) said on Thursday it would launch a three-month public consultation on the review of its domestic rent policy - starting from Thursday.

9 Mar 2006 - 12:00am

Poor planning for rents

You have to be poor to qualify for public housing, but you do not have to remain so in order to hang on to a subsidised unit.

At present, the eligibility criteria for a singleton is monthly income of no more than $6,600 and assets worth no more than $170,000.

23 May 2005 - 12:00am

CASE STUDY

Cafe owner faces expansion blues

Anthony Au-yeung Chung-bong quit his job and spent most of his savings to take over a struggling cafe and bar. So far, he's been rewarded with strong business growth at Le Bleu in Lyndhurst Terrace in the heart of Central, but there are clouds on the horizon.

18 Apr 2005 - 12:00am

Rent squeeze

A restaurant chain and a multi-outlet retailer have shut down under economic pressure as rents have risen by up to 60 per cent in the past year. Retailers say landlords are over-optimistic about economic recovery. Are they right? Share your views: write to us.

20 Feb 2005 - 12:00am

Fish sellers must accept end to rent-free ride

In one of Hong Kong's great anomalies, those who sell fish at the retail level have been more strictly regulated in recent years than those who sell fish at the wholesale level. While the sources, and levels, of dangerous bacteria in the water in retailers' tanks are closely monitored, many wholesalers have been able to get by with much less scrutiny - to the detriment of public health.

2 Dec 2003 - 12:00am

world was her oyster

Socialite Teresa Cheung Siu-wai (right), ex-wife of bankrupt singer Kenny B who is $250 million in the hole, was caught on camera in Express Weekly magazine wining and dining with her friends despite reports that she has failed to pay her staff wages for April and neglected to pay rent at her luxurious Peak home.

20 May 2003 - 12:00am

Government resumes 52 properties after rent lapses

Fifty-two properties have been resumed by the Lands Department over the past two years after owners failed to pay government rents.

The amounts of outstanding rent ranged between $1,100 and $151,200, prompting the department to issue 'vesting notices' that give it the right to gain re-entry to buildings.

14 Jan 2002 - 12:00am

Stallholders face rent rises after three-year freeze

About 90 per cent of 12,200 stallholders at public markets face rent increases next year under a government proposal outlined yesterday.

Public market rent would gradually be increased until it came into line with levels at private markets, Food and Environmental Hygiene Department assistant director Warner Cheuk Wing-hing said.

29 May 2001 - 12:00am

Double rent 'will force market stalls out of business'

Market stallholders whose rent has been increased by up to 100 per cent staged a protest yesterday, saying the move would force them out of business.

The stallholders at a Regional Services Department market in Wing Fong Road, Kwai Fong, said they would see rents on their 29 stalls increased by 15 to 100 per cent under new valuations by the Rating and Valuation Department.

21 Jul 1999 - 12:00am

Central office rents recovery forecast

Effective rents for prime Central offices will rebound 30 per cent next year as landlords cut incentives amid a decrease in supply, according to property consultant Cushman & Wakefield.

Richard Middleton, director of research and advisory services, said effective rents in Central stood at $26.82 per square foot a month on net usable area.

16 Jul 1999 - 12:00am

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