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Hong Kong is the most expensive city in the world…
At the end of 2013, it was announced that London…
Hong Kong’s office markets may be faced with a shortfall of 9m sq ft by 2020, according to a special collaborative report from property consultancy CBRE, and Japanese financial services firm, Daiwa Capital Markets.
London’s West End has overtaken Hong Kong’s notoriously saturated market as the most expensive destination to lease office space, according to a recent study by property consultancy DTZ.
Hong Kong’s commercial property market is undergoing a marked change in consumer focus, with the latest figure suggesting that serviced office demand has grown exponentially as traditional leases plummet.
The government of Singapore has introduced measures aimed at cooling rapidly escalating property prices for the seventh time, representatives have announced. The attempt follows on from six previous deflationary initiatives over a three year period as concerns continue to grow over the rapid increase of property prices, foregoing what are thought to be critical signs of an imminent market collapse.
Property prices in cities within the Asia Pacific Region look set for another solid year of growth, according to the latest figures released by Knight Frank, the international property consultancy. Knight Frank’s research covered the major cities of the Asia Pacific, a region where property markets have been driven by strong economic growth and rapid urbanisation.
Hong Kong office space remains the most expensive in the world due to skyrocketing demand, according to the latest study from CBRE.
Tales of HK$100 million ($12.9 million) parking lots and 15% tax hikes on foreign property investment in Hong Kong mean it’s finally time to worry about its property markets. The surge in off shore property investment and government intervention in the market, attempting to puncture the bubble is fuelling growing speculation and concern in it collapsing.