Real Estate | South China Morning Post
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Real Estate

High-end home rents falling

Demand for prime, high-end residential properties in Hong Kong is weakening, forcing landlords to lower their asking rents by as much as 20 per cent.

Wednesday, 20 June, 2012, 12:00am

High-end home rents falling

Demand for prime, high-end residential properties in Hong Kong is weakening, forcing landlords to lower their asking rents by as much as 20 per cent.

This comes as global financial institutions place their expansion plans on hold and reduce housing allowances for expatriate staff due to the world's grim economic outlook.

20 Jun 2012 - 12:00am

Incentives urged to boost retirement projects

Beijing should spur the development of retirement housing for the mainland's growing population of senior citizens by offering incentives to private developers and investors, an analyst says.

Thomas Lam, head of Greater China research at Knight Frank, says developers and investors are still searching for a viable business model despite the strong demand.

20 Jun 2012 - 12:00am

Ambitious project targets investors

An ambitious project to turn a military airport in the heart of Kuala Lumpur into a thriving global financial hub is among a range of developments with the potential to unearth golden investment opportunities in Malaysia's property market.

15 Jun 2012 - 12:00am

Call for buy-back of Link shares

Buying back shares in shopping-centre owner The Link Reit may be an option to lower the rents of local businesses, incoming chief executive Leung Chun-ying says.

10 Jun 2012 - 12:00am

Property agents and customers need time to adjust to using 'saleable area'

I refer to the letter by Robert Karlson ('Simple plea for agents to be honest', May 28) and the article ('Flaw space', May 30).

The Estate Agents Authority is a statutory body set up to regulate the estate agency trade.

9 Jun 2012 - 12:00am

System for reviewing public rent under fire

Executive councillor Anthony Cheung Bing-leung, who is widely tipped to be the next housing minister, said publicly for the first time that the mechanism determining public rent should be reviewed.

8 Jun 2012 - 12:00am

Consumer confidence boosts returns for Link

The Link Real Estate Investment Trust's distributable income for the year to March has increased by nearly a fifth on the back of strong consumer confidence and retail spending that boosted demand for retail space.

7 Jun 2012 - 12:00am

Tenants on the bottom rung at the mercy of landlords

A two-year-old picks up a toy, as his mother stops him from wandering out their door-less subdivided Sham Shui Po flat. The door was removed on Wednesday after she received two weeks' notice to vacate.

1 Jun 2012 - 12:00am