Property | South China Morning Post

Causeway Bay’s Russell Street takes over from New York’s 5th Avenue as world’s most expensive place to rent shops

Causeway Bay tops charts as world’s most expensive retail rental location

Russell Street in Hong Kong’s Causeway Bay district has replaced New York’s Upper 5th Avenue as the world’s most expensive retail street by rental value, according to property consultants Cushman & Wakefield.

14 Nov 2018 - 12:18pm 2 More on Retail properties

Chinese investors turn to property markets in Southeast Asia, as western markets impose capital curbs

Chinese home buyers look to Southeast Asia as western cities impose curbs

14 Nov 2018 - 9:31am 1

Hong Kong builders are resorting to tender sales of flats rather than open sales. Photo: Roy Issa/SCMP

Developers use tenders to exert control over falling property prices

14 Nov 2018 - 8:03am 7

The shopping complex Iconsiam is illuminated during the opening ceremony in Bangkok on November 9. Photo: EPA

Thailand opens biggest luxury shopping mall, eyeing rich Chinese tourists

14 Nov 2018 - 12:21pm 9

Casa De Amigo, one of three differently branded hotels in a single 12-storey tower, will target millennials. Photo: Handout

Line Friends hotel latest Macau resort to target family tourism

13 Nov 2018 - 8:02pm

Federal Reserve’s former chair Janet Yellen expects three to four US rate increases over the next year

US Fed will keep raising rates in strong economy, former chair says

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Chinese officials have the challenge of keeping housing affordable. Photo: Reuters

China’s housing market facing ‘year of recession’, securities firm says

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Spectre of empty town centres haunts UK as store closures mount

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Many US companies are planning to build luxury senior-living facilities in New York to tap into growing demand. Photo: Alamy Stock Photo

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Landlords eye baby boomers with budget for luxury assisted-living

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The government should first focus on providing land for immediate housing use, rather than diverting resources to a long-term vision. Photo: Reuters

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Property agents solicit prospective homebuyers at the sale office of a new development in Hong Kong. Photo: Jonathan Wong

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China’s easing of foreign investment restrictions to buffer US-China trade war impact has helped boost leasing in logistics properties. Photo: Xinhua

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Workers leave the City of London at the end of the working day. Photo: AFP

Desire for shorter leases and flexible working spreads to London

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Tourists take photos on Victoria Peak, Hong Kong. Investors and property groups in Hong Kong, Singapore, mainland China and the Gulf have been moving quickly in recent months to stimulate the local proptech ecosystems. Photo: AFP

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The headquarters of Garden in Sham Shui Po. Photo: Handout

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Auctioneer Tsang Kit-chun of AA Property Auctioneers offers properties to prospective buyers on November 6, 2018. Photo: Xiaomei Chen

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Hong Kong properties find no buyers, not even foreclosed ones

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Home prices are headed in the right direct, at least for younger buyers. But that’s bad news for sellers, some of whom are having to shave million off their asking prices. Photo: SCMP

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Hong Kong home owners are now selling at discounts as rates rise

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Potential buyers lining up for Sun Hung Kai Properties’ sale of 117 units for the Cullinan West II, photographed on September 2 at the International Commerce Centre in West Kowloon. Photo: Felix Wong

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SHKP finishes off more than half of entire year’s sales target in just 10 weeks

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Hong Kong & China

Causeway Bay’s Russell Street takes over from New York’s 5th Avenue as world’s most expensive place to rent shops

Property

Causeway Bay tops charts as world’s most expensive retail rental location

Russell Street in Hong Kong’s Causeway Bay district has replaced New York’s Upper 5th Avenue as the world’s most expensive retail street by rental value, according to property consultants Cushman & Wakefield.

14 Nov 2018 - 12:18pm 2 More on Retail properties

The shopping complex Iconsiam is illuminated during the opening ceremony in Bangkok on November 9. Photo: EPA

Business Hong Kong & China International

Thailand opens biggest luxury shopping mall, eyeing rich Chinese tourists

Wednesday, 14 November, 2018, 12:21pm 9

Casa De Amigo, one of three differently branded hotels in a single 12-storey tower, will target millennials. Photo: Handout

Business Hong Kong & China

Line Friends hotel latest Macau resort to target family tourism

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Federal Reserve’s former chair Janet Yellen expects three to four US rate increases over the next year

China Economy Global Economy Banking & Finance Money Hong Kong & China

US Fed will keep raising rates in strong economy, former chair says

Tuesday, 13 November, 2018, 10:56pm 10

Sino Group’s associate director for innovation Andrew Young says the lab is a platform for start-ups in AI, robotics and environmental technology to test out their innovations. Photo: Sino Inno Lab

Business Hong Kong & China

Hong Kong developer’s sandbox aims to help start-up push

Tuesday, 13 November, 2018, 8:02pm

The government should first focus on providing land for immediate housing use, rather than diverting resources to a long-term vision. Photo: Reuters

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Lantau plan distracts from the real short-term need for land

Saturday, 10 November, 2018, 6:51pm 17

Photo: Roy Issa

Hong Kong & China Business

Surveyors slash valuations for land at Hong Kong’s former airport

Friday, 9 November, 2018, 11:20pm

Hong Kong builders are resorting to tender sales of flats rather than open sales. Photo: Roy Issa/SCMP

Hong Kong & China

Developers use tenders to exert control over falling property prices

14 Nov 2018 - 8:03am 7

More Hong Kong & China News

A fifth of China’s housing is empty. That’s 50 million homes

Government subsidised housing deals hit record low in October

Causeway Bay’s Russell Street takes over from New York’s 5th Avenue as world’s most expensive place to rent shops

Business

Causeway Bay tops charts as world’s most expensive retail rental location

Wednesday, 14 November, 2018, 12:18pm READ NOW

International

The shopping complex Iconsiam is illuminated during the opening ceremony in Bangkok on November 9. Photo: EPA

Property

Thailand opens biggest luxury shopping mall, eyeing rich Chinese tourists

Iconsiam has ultra luxury brands like Louis Vuitton and Hermes, posh condos and – soon – even its own skytrain.

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The 77-acre Earls Court site in London is split into a series of parcels. Photo: Handout

International Companies

Hong Kong’s CK Asset set to buy most of London housing project

Tuesday, 6 November, 2018, 5:22pm

Asia Bankers Club will launch sales this week for 125 Greenwich, a project located in Manhattan, pictured. Photo: AP

Business International

Chinese investment in US property cools amid trade war

Tuesday, 6 November, 2018, 6:39pm 1

The entrance to Facebook's corporate headquarters in Menlo Park, California, just north of East Palo Alto. A recent University of California at Berkeley study found the region has ‘lost thousands of low-income black households’ as the result of rising housing costs. Photo: AFP

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Australia's property slump casts doubt on household spending

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A prefabricated house constructed by Panasonic Corp. in Xian, China, for sale to local general contractors. Photo: Kyodo

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Japanese housing manufacturers get busy in other Asia markets

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Workers leave the City of London at the end of the working day. Photo: AFP

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Desire for shorter leases and flexible working spreads to London

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Accelerated store closures by big retailers in the UK have hit town centres in places like Scunthorpe. Photo: Alamy Stock Photo

Business

Spectre of empty town centres haunts UK as store closures mount

13 Nov 2018 - 7:55pm

Many US companies are planning to build luxury senior-living facilities in New York to tap into growing demand. Photo: Alamy Stock Photo

Business

Landlords eye baby boomers with budget for luxury assisted-living

13 Nov 2018 - 7:55pm

More International News

US home sales in September fall to slowest pace in three years

Sydney property slowdown may worsen, analysts say

Ban on foreign buyers seen as poor answer to New Zealand's housing shortage

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