https://www.scmp.com/rss/521946/feed Colliers: A leading global diversified professional services and investment management company, headquartered in Toronto, Canada. Colliers specialises in commercial and residential property services, including brokerage, property management, valuation, and advisory. They also offer engineering and investment management services, serving a broad target market of property users, owners, investors, and developers across 65 countries. Renowned for market leadership and innovation, Colliers... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Edith Lin Edith Lin Hong Kong’s new marina-residential tourism project has attracted local and overseas interest, with the city’s leading yacht club and a Singapore-based operator seeking partnerships with developers to expand their presence. Experts in the real estate and boating industries said developers would be keen to work with local, mainland Chinese or overseas marina operators to strengthen their bids and tap into the market, while also urging the government to improve infrastructure and reinforce the... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3351395/hong-kong-aberdeen-marina-project-attracting-local-and-overseas-interest?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3351395/hong-kong-aberdeen-marina-project-attracting-local-and-overseas-interest?utm_source=rss_feed Sat, 25 Apr 2026 04:00:18 +0000 Vivian Au Vivian Au Travelling from Hong Kong’s commercial heart to the site of the San Tin Technopole, a planned innovation hub under the Northern Metropolis megaproject, is an exercise in endurance. The roughly two-hour trek from Causeway Bay requires taking trains on two lines, navigating two transit interchanges and catching a ride on a public minibus. Upon arrival, visitors are not greeted by gleaming skyscrapers or shopping centres, but by a quiet patchwork of fish ponds, villages, scattered squatter homes... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3350210/are-special-laws-quick-fix-speeding-hong-kongs-northern-metropolis?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3350210/are-special-laws-quick-fix-speeding-hong-kongs-northern-metropolis?utm_source=rss_feed Thu, 16 Apr 2026 00:00:26 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s reputation as a safe haven could be reinforced by the geopolitical shock waves from the US-Israel conflict with Iran, potentially supporting demand for premium office space in its core business districts, according to analysts. While the city was not insulated from global uncertainty, it could benefit over the medium term as Gulf investors reassessed geographic diversification and sought stable financial hubs, said Jack Tong, director of research and consultancy at Savills Hong... https://www.scmp.com/business/article/3349700/geopolitical-tensions-may-bolster-hong-kong-office-demand-gulf-capital-looks-east?utm_source=rss_feed https://www.scmp.com/business/article/3349700/geopolitical-tensions-may-bolster-hong-kong-office-demand-gulf-capital-looks-east?utm_source=rss_feed Mon, 13 Apr 2026 01:00:11 +0000 Cheryl Arcibal Cheryl Arcibal Hongkongers Oscar and Stella Chan, a couple in their late 60s, have little interest in moving into a traditional residential care home. The retired civil servants rent a flat in Ma On Shan in the New Territories and, while they acknowledge that ageing at home is not always “as straightforward as it sounds”, they believe conventional care homes can “feel restrictive”. “If my financial situation and health allow, I would much prefer not to stay in a residential care home for the elderly,” Oscar... https://www.scmp.com/business/article/3348254/hong-kongs-ageing-challenge-singapores-kampung-admiralty-model-answer?utm_source=rss_feed https://www.scmp.com/business/article/3348254/hong-kongs-ageing-challenge-singapores-kampung-admiralty-model-answer?utm_source=rss_feed Sun, 29 Mar 2026 07:30:08 +0000 Peggy Ye Peggy Ye Hong Kong’s government-backed investment fund is being redeployed to support the city’s sluggish commercial property sector, signaling authorities’ growing willingness to use public funds as a policy tool to steady office valuations and align real estate investment with the city’s industrial ambitions. Attracting foreign institutions, however, might prove challenging. The city’s elevated vacancy rates, looming new completions and uncertain rental recovery have kept global funds on the sidelines,... https://www.scmp.com/business/banking-finance/article/3345175/hong-kongs-strategy-hkic-prop-citys-office-market-seen-challenging?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3345175/hong-kongs-strategy-hkic-prop-citys-office-market-seen-challenging?utm_source=rss_feed Tue, 03 Mar 2026 00:30:08 +0000 Nicholas Spiro Nicholas Spiro A decade ago, some investors believed the United States’ retail industry was going the way of the subprime mortgage market, whose collapse triggered the 2008 global financial crisis. The combination of the overbuilding of shopping centres and the dramatic rise of online shopping plunged bricks-and-mortar stores into crisis. Fears of a “retail apocalypse” were rife. The double whammy of overcapacity and the “Amazon effect” also hit the United Kingdom’s retail sector hard, with prominent stores... https://www.scmp.com/opinion/asia-opinion/article/3345094/unique-resilience-australias-retail-property-deserves-attention?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3345094/unique-resilience-australias-retail-property-deserves-attention?utm_source=rss_feed Mon, 02 Mar 2026 06:30:08 +0000 Cao Li Cao Li A subsidiary of state-owned conglomerate China Resources (Holdings) has acquired a Hong Kong hotel and plans to convert it into student housing amid a wave of investments driven by rising demand after the city raised the cap on non-local students. CR Longdation signed an agreement to buy four-star hotel Hotel Cozi Oasis in Kwai Chung, a major industrial and residential area in the southwestern New Territories, for HK$953 million (US$122 million), said Colliers and Knight Frank, which advised on... https://www.scmp.com/business/article/3345026/china-resources-subsidiary-acquires-hong-kong-hotel-student-housing-project?utm_source=rss_feed https://www.scmp.com/business/article/3345026/china-resources-subsidiary-acquires-hong-kong-hotel-student-housing-project?utm_source=rss_feed Sun, 01 Mar 2026 12:00:14 +0000 Peggy Ye Peggy Ye The surge in gold prices has brought a wave of new investment-focused bullion retailers to Hong Kong’s prime shopping areas, adding a distinct segment alongside traditional jewellery merchants. These retailers – which sell gold coins and bars, rather than ornamental pieces – have taken up ground-floor store spaces that were left vacant during the city’s post-pandemic recovery. Their rapid expansion has been followed by the return of high-end jewellery vendors, a development that has helped... https://www.scmp.com/business/commodities/article/3344102/investment-gold-retailers-move-vacant-hong-kong-high-street-shops-metals-rise?utm_source=rss_feed https://www.scmp.com/business/commodities/article/3344102/investment-gold-retailers-move-vacant-hong-kong-high-street-shops-metals-rise?utm_source=rss_feed Sun, 22 Feb 2026 01:30:14 +0000 Sam Beltran Sam Beltran The Philippines has fallen in a global corruption perception ranking, as allegations of financial wrongdoings and court cases surrounding a multibillion-peso flood-control programme have deepened doubts about its governance and dented investor confidence. Berlin-based watchdog Transparency International said the Philippines ranked 120th out of 182 countries and territories in its 2025 Corruption Perceptions Index, down six places from the previous year. The country received a score of 32 on a... https://www.scmp.com/week-asia/economics/article/3344179/views-corruption-philippines-worsen-grease-money-dents-confidence?utm_source=rss_feed https://www.scmp.com/week-asia/economics/article/3344179/views-corruption-philippines-worsen-grease-money-dents-confidence?utm_source=rss_feed Sat, 21 Feb 2026 09:00:10 +0000 Cheryl Arcibal Cheryl Arcibal As Hong Kong, mainland China and several other Asian markets usher in the Year of the Horse on Tuesday, the region’s commercial real estate sector is expected to draw increased cross-border capital, with certain segments set to outperform as mega-deals make a comeback, analysts said. Asia-Pacific was set to be a focus among global investors, with data cited by global commercial real estate consultancy Colliers showing that capital raised for the region’s property markets had surged by 130 per... https://www.scmp.com/business/article/3343573/asia-pacific-properties-set-steal-spotlight-mega-deals-return-year-horse?utm_source=rss_feed https://www.scmp.com/business/article/3343573/asia-pacific-properties-set-steal-spotlight-mega-deals-return-year-horse?utm_source=rss_feed Sun, 15 Feb 2026 06:00:12 +0000 Julie Zhang Julie Zhang Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, sold all 350 units released on Sunday in its Sierra Sea project, marking a fifth consecutive sell-out and underscoring returning buyer appetite in the world’s most expensive property market. The batch at phase 2B included 244 two-bedroom and 106 three-bedroom units, with discounted prices ranging from HK$4.6 million (US$590,000) to HK$9.74 million, according to sales documents released on Wednesday. The... https://www.scmp.com/business/companies/article/3341986/hong-kongs-shkp-rolls-out-350-sierra-sea-flats-after-sell-outs-worlds-priciest-market?utm_source=rss_feed https://www.scmp.com/business/companies/article/3341986/hong-kongs-shkp-rolls-out-350-sierra-sea-flats-after-sell-outs-worlds-priciest-market?utm_source=rss_feed Sun, 01 Feb 2026 09:00:12 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s lived-in home prices ended a three-year downturn with a 3.25 per cent increase in 2025, as the property market gallops into the new year buoyed by expectations of more transactions and further price gains, according to analysts. Rents climbed to a record high in December, boosting annual gains to 4.26 per cent in 2025 and marking a third consecutive year of increase, according to the Rating and Valuation Department on Wednesday. “Hong Kong’s residential market strengthened notably... https://www.scmp.com/business/article/3341501/hong-kong-home-prices-snap-3-year-downturn-rents-surge-new-high?utm_source=rss_feed https://www.scmp.com/business/article/3341501/hong-kong-home-prices-snap-3-year-downturn-rents-surge-new-high?utm_source=rss_feed Wed, 28 Jan 2026 05:17:37 +0000 Cheryl Arcibal Cheryl Arcibal The newest landmark office tower in Hong Kong’s main business zone is nearing full occupancy a year and a half after it welcomed its first tenants, suggesting improving fortunes in the city’s office property segment. The Henderson – the prime commercial development and namesake tower for one of Hong Kong’s largest developers – reached 90 per cent occupancy recently, Henderson Land said on Friday. The 36-storey building in Central counts among its tenants auction house Christie’s, alternative... https://www.scmp.com/business/article/3340209/hong-kongs-latest-office-landmark-nearly-full-segment-upturn-simmers?utm_source=rss_feed https://www.scmp.com/business/article/3340209/hong-kongs-latest-office-landmark-nearly-full-segment-upturn-simmers?utm_source=rss_feed Fri, 16 Jan 2026 12:30:15 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s banking and finance sector is tipped to lead retail property leasing activity, with massive uptake by firms like Forthright Securities, Futu Holdings and HSBC providing support to landlords struggling through a multi-year real estate slump. Forthright Securities leased three storeys totalling 14,000 sq ft at Golden Centre in Sheung Wan for its first flagship branch in the city, according to CBRE, which facilitated the transaction. “This transaction not only demonstrates Forthright... https://www.scmp.com/business/article/3339955/banks-and-brokerages-growing-demand-space-buoys-hong-kongs-retail-property-sector?utm_source=rss_feed https://www.scmp.com/business/article/3339955/banks-and-brokerages-growing-demand-space-buoys-hong-kongs-retail-property-sector?utm_source=rss_feed Thu, 15 Jan 2026 23:00:09 +0000 Cheryl Arcibal Cheryl Arcibal Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. Investment from the mainland rose to the highest level in five years in the last quarter of 2025, and deal value in 2026 was set to increase by 10 per cent, Colliers said. In the luxury residential segment, mainland capital accounted for about 80 per cent of transactions exceeding HK$100 million on The Peak and in Southern district,... https://www.scmp.com/business/article/3339783/mainland-chinese-money-drive-10-rise-hong-kong-commercial-property-deals-colliers?utm_source=rss_feed https://www.scmp.com/business/article/3339783/mainland-chinese-money-drive-10-rise-hong-kong-commercial-property-deals-colliers?utm_source=rss_feed Wed, 14 Jan 2026 03:00:14 +0000 Cheryl Arcibal Cheryl Arcibal Schiaparelli, a fashion house known for its unique and surreal designs, is set to make its Asian debut with a permanent outlet in Hong Kong, according to Hongkong Land. The shop in Landmark, one of the city’s premium shopping centres in the main Central business district, was set to open in January, said Alexander Li, head of retail at the commercial real estate developer and landlord. “It will be Schiaparelli’s first boutique in Asia and they chose Hongkong Land’s Landmark as the first place to... https://www.scmp.com/business/article/3335499/schiaparelli-picks-hong-kongs-landmark-first-flagship-asian-store?utm_source=rss_feed https://www.scmp.com/business/article/3335499/schiaparelli-picks-hong-kongs-landmark-first-flagship-asian-store?utm_source=rss_feed Mon, 08 Dec 2025 01:30:15 +0000 Cheryl Arcibal Cheryl Arcibal An increase in office leasing activity in Hong Kong, coupled with a moderate amount of new space coming onto the market, translates to improved prospects for the battered commercial property sector next year, according to analysts. The supply of new grade A office space in 2026 and 2027 was likely to be less than the amount completed in the last two years, according to forecasts by property consultants. CBRE estimated that a net of 3.5 million sq ft of new premium office space would be completed... https://www.scmp.com/business/article/3334664/hong-kongs-battered-prime-office-market-poised-better-year-ahead-analysts-say?utm_source=rss_feed https://www.scmp.com/business/article/3334664/hong-kongs-battered-prime-office-market-poised-better-year-ahead-analysts-say?utm_source=rss_feed Mon, 01 Dec 2025 00:30:12 +0000 Nicholas Spiro Nicholas Spiro When predicting and assessing the shape of recoveries, analysts have made use of letters of the alphabet. A V-shaped recovery denotes a sharp rebound following a steep downturn. If the recovery takes a U-shape, however, both the trough of the downturn and the recovery last much longer. An L-shaped recovery signifies that activity never recovers meaningfully. In Hong Kong, pinning a letter to the trajectory of an industry is easiest in the financial sector. The city’s equity market has staged a... https://www.scmp.com/opinion/hong-kong-opinion/article/3330421/u-shaped-rebound-hong-kongs-commercial-property-unlikely?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3330421/u-shaped-rebound-hong-kongs-commercial-property-unlikely?utm_source=rss_feed Mon, 27 Oct 2025 08:30:15 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s education sector, an emerging industry with full backing of the government, is starting to have an impact on the city’s prime office market as traditional tenants in finance continue to downsize their real estate footprint, according to analysts. Office tenants in the city occupied a total of 73.4 million sq ft this year, according to the latest study by CBRE. That was 1.1 million sq ft more than they had occupied in 2022, the last time a similar study was done by the... https://www.scmp.com/business/article/3330349/education-emerges-new-player-hong-kongs-office-market-amid-high-vacancy-rates?utm_source=rss_feed https://www.scmp.com/business/article/3330349/education-emerges-new-player-hong-kongs-office-market-amid-high-vacancy-rates?utm_source=rss_feed Mon, 27 Oct 2025 01:30:14 +0000 Salina Li Salina Li Hong Kong’s residential property market is gradually mending investor sentiment, according to analysts, who are nonetheless cautious about a full recovery amid geopolitical tensions and economic uncertainties. Investors accounted for 20 per cent of the market’s total transactions so far in 2025, according to UBS property analyst Mark Leung, who added that some districts with residential projects near universities might have a higher proportion. The average gross rental yield for mass residential... https://www.scmp.com/business/banking-finance/article/3329470/hong-kong-residential-property-markets-improvement-whets-investor-appetite-analysts-say?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3329470/hong-kong-residential-property-markets-improvement-whets-investor-appetite-analysts-say?utm_source=rss_feed Mon, 20 Oct 2025 01:30:08 +0000 Cheryl Arcibal Cheryl Arcibal As Japan enters a new era with the likely election of Sanae Takaichi as the first female prime minister of Asia’s second-largest economy, is it time for property investors to end their enduring love affair with Japanese real estate? The 64-year-old Takaichi emerged last week as the leader of Japan’s ruling Liberal Democratic Party, paving the way for her to seek the premiership, although uncertainties remain following the collapse of a coalition with the party’s allies. Under an anticipated... https://www.scmp.com/business/article/3329467/china-hong-kong-property-markets-stabilise-it-time-investors-quit-japan?utm_source=rss_feed https://www.scmp.com/business/article/3329467/china-hong-kong-property-markets-stabilise-it-time-investors-quit-japan?utm_source=rss_feed Sun, 19 Oct 2025 01:30:14 +0000 Vivian Au Vivian Au An application made to a scheme designed to boost Hong Kong’s housing supply by tapping into developers’ reserves has been withdrawn for the first time amid a lukewarm response, with experts attributing the move to a sluggish economy. Brasilia, a subsidiary of Lee On Investment (Holdings), made the withdrawal of its application to the Land Sharing Pilot Scheme for a plot measuring 3.1 hectares (7.7 acres) in Yuen Long involving more than 2,000 homes earlier this year. The government did not... https://www.scmp.com/news/hong-kong/society/article/3327878/first-developer-withdraws-hong-kong-land-sharing-scheme-amid-slow-economy?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3327878/first-developer-withdraws-hong-kong-land-sharing-scheme-amid-slow-economy?utm_source=rss_feed Sat, 04 Oct 2025 11:08:18 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s bid to be an international education hub is spurring investments in the city’s battered commercial property segment, with hotels being converted to student housing and schools becoming a major driver of leasing in the retail sector, according to analysts. So far this year, investors have spent HK$2.6 billion (US$334 million) in the student accommodation segment, including Hong Kong Metropolitan University’s acquisition of the Urbanwood Hung Hom Hotel, which was converted into student... https://www.scmp.com/business/article/3327071/hong-kong-schools-ramp-property-investment-leasing-city-eyes-education-hub-status?utm_source=rss_feed https://www.scmp.com/business/article/3327071/hong-kong-schools-ramp-property-investment-leasing-city-eyes-education-hub-status?utm_source=rss_feed Mon, 29 Sep 2025 01:30:12 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s office segment is picking up due to leasing demand from mainland Chinese law firms and financial groups, supported by a buoyant stock market that has seen an increasing number of companies launch initial public offerings (IPOs) in the city. Office-leasing activity in August grew for a fifth straight month, with tenants absorbing 313,800 sq ft of net space, according to data compiled by JLL. The overall vacancy rate in the city increased 0.1 per cent to 13.5 per cent month on month in... https://www.scmp.com/business/article/3326583/hong-kongs-office-market-sees-resurgence-ipo-boom-demand-chinese-law-firms?utm_source=rss_feed https://www.scmp.com/business/article/3326583/hong-kongs-office-market-sees-resurgence-ipo-boom-demand-chinese-law-firms?utm_source=rss_feed Wed, 24 Sep 2025 00:30:09 +0000 Wynna Wong Wynna Wong Visitors will soon be able to follow the routes taken by Chinese scholars as they escaped from Japan-occupied Hong Kong to mainland China during the second world war as part of the government’s push to promote “red tourism” in the city. Among the 32 paragraphs Chief Executive John Lee Ka-chiu dedicated to developing culture, sports and tourism in his policy address on Wednesday was a pledge to “develop a variety of new tourist attractions”, including an initiative called “Chinese Cultural... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325900/policy-address-2025-hong-kong-adds-wartime-escape-routes-tourism-offerings?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325900/policy-address-2025-hong-kong-adds-wartime-escape-routes-tourism-offerings?utm_source=rss_feed Wed, 17 Sep 2025 13:18:53 +0000 Edith Lin Edith Lin Hong Kong has eased property investment requirements for its cash-for-residency scheme, with analysts expecting the new measure to boost demand for luxury homes. Chief Executive John Lee Ka-chiu revealed in his fourth policy blueprint on Wednesday plans to enhance the New Capital Investment Entrant Scheme (New CIES), which requires applicants to prove they have at least HK$30 million (US$3.8 million) in assets or equity in the city. The new arrangement keeps the maximum residential property... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325889/relaxed-cash-residency-scheme-rules-boost-hong-kong-luxury-homes-experts?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325889/relaxed-cash-residency-scheme-rules-boost-hong-kong-luxury-homes-experts?utm_source=rss_feed Wed, 17 Sep 2025 11:31:33 +0000 Edith Lin Edith Lin With Hong Kong leader John Lee set to deliver his annual policy address on September 17, the Post examines key topics the chief executive is expected to focus on, including a mega infrastructure project near the border, new economic drivers and livelihood issues. In the second of a seven-part series, Edith Lin examines how the mega development near the border may evolve to become a new engine to transform the city’s economy. Hong Kong’s Northern Metropolis can be a game changer in diversifying... https://www.scmp.com/news/hong-kong/society/article/3324667/northern-metropolis-can-tech-help-hong-kongs-economy-achieve-lift?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3324667/northern-metropolis-can-tech-help-hong-kongs-economy-achieve-lift?utm_source=rss_feed Mon, 08 Sep 2025 06:00:13 +0000 Cheryl Arcibal Cheryl Arcibal Office-leasing activity in Hong Kong rose for a fourth straight month in July, chipping away at the elevated vacancy rates that continue to weigh on rents, according to JLL. Tenants leased a net 190,000 sq ft of prime office space last month, the property consultancy said on Monday. Among them was Shell Hong Kong, which leased 12,300 sq ft at The Millennity in Kwun Tong, relocating from Landmark East in the same district. However, grade A office rents continued to fall, declining 0.5 per cent in... https://www.scmp.com/business/article/3323074/hong-kongs-office-leasing-market-picks-pace-fourth-straight-month?utm_source=rss_feed https://www.scmp.com/business/article/3323074/hong-kongs-office-leasing-market-picks-pace-fourth-straight-month?utm_source=rss_feed Mon, 25 Aug 2025 23:30:08 +0000 Cheryl Arcibal Cheryl Arcibal Singapore’s office leasing activity surged 12-fold in the first six months of the year, topping the Asia-Pacific region, while Hong Kong leasing remained subdued amid a stubborn supply glut, according to a report by Colliers. Tenants relocating to newly completed premium spaces drove the spike in demand in Singapore, the report said. The city state, widely deemed Southeast Asia’s top finance hub, also saw rents improve by 1.3 per cent to S$12.10 (US$9.42) per square foot per month as of the... https://www.scmp.com/business/article/3322258/singapore-office-demand-soars-12-fold-while-hong-kong-remains-subdued-colliers-says?utm_source=rss_feed https://www.scmp.com/business/article/3322258/singapore-office-demand-soars-12-fold-while-hong-kong-remains-subdued-colliers-says?utm_source=rss_feed Mon, 18 Aug 2025 23:30:07 +0000 Nicholas Spiro Nicholas Spiro Every quarter, MSCI publishes a ranking of the most actively traded cities in Asia’s commercial property investment market. As recently as 2022, the most widely traded metropolises included major capitals such as Tokyo and Seoul, as well as leading cities such as Shanghai and Sydney. Fast forward to 2024 and the ranking was more diverse. Chiba, the prefecture just east of Tokyo, and Osaka, Japan’s third-biggest city, were among the top 10 for the whole of last year. Moreover, in the first... https://www.scmp.com/opinion/asia-opinion/article/3320636/why-osaka-bengaluru-and-johor-are-overlooked-drivers-asia-property?utm_source=rss_feed https://www.scmp.com/opinion/asia-opinion/article/3320636/why-osaka-bengaluru-and-johor-are-overlooked-drivers-asia-property?utm_source=rss_feed Mon, 04 Aug 2025 08:30:09 +0000 Yuke Xie Yuke Xie US investment in Asia-Pacific real estate jumped 31 per cent year on year in the second quarter, as investors chased yields and stable growth in markets such as Australia, Singapore and Japan amid looming tariff challenges. Mainland China, meanwhile, was weighed down by an ongoing property crisis and mounting default risks. Cross-border real estate investments in Asia-Pacific reached US$12.1 billion in the second quarter, a 50.1 per cent surge year on year and the highest level since the third... https://www.scmp.com/business/article/3320449/us-leads-second-quarter-asia-pacific-real-estate-deals-assets-worth-us5-billion?utm_source=rss_feed https://www.scmp.com/business/article/3320449/us-leads-second-quarter-asia-pacific-real-estate-deals-assets-worth-us5-billion?utm_source=rss_feed Sun, 03 Aug 2025 01:30:16 +0000 Salina Li Salina Li Hong Kong developer Wang On Properties and US investment firm Angelo Gordon have jointly acquired a hotel in Mong Kok from the family of the late “Shop King” Tang Shing-bor for around a third of the original price. The 199-room Hotel Ease Mong Kok on 60 Portland Street was bought by a joint venture between Wong On subsidiary Prime Resonance and Angelo Gordon-managed ADPF Oregon, according to a filing to the Hong Kong stock exchange on Thursday. The joint venture would be committing about... https://www.scmp.com/business/article/3320441/hong-kong-shop-king-tang-shing-bors-family-sells-mong-kok-hotel-throwaway-price?utm_source=rss_feed https://www.scmp.com/business/article/3320441/hong-kong-shop-king-tang-shing-bors-family-sells-mong-kok-hotel-throwaway-price?utm_source=rss_feed Fri, 01 Aug 2025 09:04:12 +0000 Edith Lin,Vivian Au Edith Lin,Vivian Au Hong Kong authorities have withdrawn tenders for two sites in the New Territories initially earmarked for multi-storey buildings for modern industries to speed up development in the Northern Metropolis, with the government taking a bigger role. The Development Bureau said on Monday that a three-hectare site in Yuen Long would be passed to the Hong Kong Science and Technology Parks Corporation (HKSTP) to build a microelectronics ecosystem to promote high-value-added new industrialisation. The... https://www.scmp.com/news/hong-kong/society/article/3319048/hong-kong-withdraws-tenders-2-sites-speed-northern-metropolis-development?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3319048/hong-kong-withdraws-tenders-2-sites-speed-northern-metropolis-development?utm_source=rss_feed Mon, 21 Jul 2025 13:05:53 +0000 Cheryl Arcibal Cheryl Arcibal Some nine out of 10 office tenants in Hong Kong are expecting longer rent-free periods from their landlords as more than a quarter of the city’s companies intend to shrink their real-estate footprint over the next 12 months, according to a survey from Colliers. The ratio was the highest since the property consultancy relaunched the annual survey in 2023. Last year, eight out of 10 respondents were seeking such concessions, according to data from the survey, which was released on... https://www.scmp.com/business/article/3318486/more-hong-kong-office-tenants-seek-longer-rent-free-periods-landlords-colliers-survey?utm_source=rss_feed https://www.scmp.com/business/article/3318486/more-hong-kong-office-tenants-seek-longer-rent-free-periods-landlords-colliers-survey?utm_source=rss_feed Thu, 17 Jul 2025 00:30:13 +0000 Edith Lin Edith Lin Former Hong Kong leader Leung Chun-ying has urged landlords to lower rents as the city’s commercial property vacancy rate hit a 40-year high and retailers cried foul over being forced to close businesses to stem losses. But market observers said on Friday that many landlords were willing to reduce rents, except for highly sought-after shops in prime locations, with some noting that retailers also had the responsibility to reinvent their offerings. In a social media post on Thursday, Leung... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316058/cut-rents-now-or-miss-out-cy-leung-tells-hong-kong-landlords?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3316058/cut-rents-now-or-miss-out-cy-leung-tells-hong-kong-landlords?utm_source=rss_feed Fri, 27 Jun 2025 05:34:04 +0000