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JLL

Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

by Anas Siddiqui
Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

Mainland Chinese brands have been the most aggressive non-local entrants into the Hong Kong retail market so far this year, as lower rents entice popular chains – especially sellers of …

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Opinion | Why messy end to negative interest rates won’t dent Japan’s appeal

by Anas Siddiqui
Opinion | Why messy end to negative interest rates won’t dent Japan’s appeal

This fuelled a sharp rally in the yen, causing a disorderly unwinding of the yen-funded “carry trade” and contributing to a staggering 20 per cent decline in the Topix index, …

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Mainland retailers struggle to survive Hong Kong’s sky-high rents, fierce competition

by Anas Siddiqui
Mainland retailers struggle to survive Hong Kong’s sky-high rents, fierce competition

Just 100 meters away on the same street, Radish Southward, a mainland restaurant specialising in spicy Hunan food, had closed its doors a few days earlier, just four months after …

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Chinese home rentals platform Ziroom taps ‘huge demand’ for student digs abroad

by Anas Siddiqui
Chinese home rentals platform Ziroom taps ‘huge demand’ for student digs abroad

“More families in China have hopes that their children will have experience studying or living overseas, and some Chinese brands dispatch their staff overseas as they expand globally,” said Meng …

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Net-zero offices in Hong Kong, Asia face supply crunch by 2030 as 87% of occupiers need them to hit carbon targets: JLL

by Anas Siddiqui
Net-zero offices in Hong Kong, Asia face supply crunch by 2030 as 87% of occupiers need them to hit carbon targets: JLL

“One of the major challenges is the limited supply of green-[certified] buildings,” Helen Amos, JLL’s head of sustainability in Hong Kong, said in a statement on Monday, adding that the …

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Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

by Anas Siddiqui
Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

In the primary market, transactions popped up significantly as soon as the government removed the property curbs. A total of 4,141 new residential units were sold in March, compared with …

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Hong Kong and Singapore retail fortunes pick up, but Lion City could win in the long-term

by Anas Siddiqui
Hong Kong and Singapore retail fortunes pick up, but Lion City could win in the long-term

“Both markets have their own good and not-so-good things,” said Anshul Jain, managing director for India and Asia-Pacific at Cushman & Wakefield. “[But] the Singapore market in the [extremely] short …

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Logistics property: Chinese cross-border e-commerce firms fuel demand, investment prospects in Greater Bay Area

by Anas Siddiqui
Logistics property: Chinese cross-border e-commerce firms fuel demand, investment prospects in Greater Bay Area

Logistics property in the bay area “bucked the headwinds” of a surge in new supply, said Silvia Zeng, head of research for south China at JLL. Southern China recorded a …

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Homebuyers snapping up flats because of discounts, market has too much stock for price increases, analysts warn Hong Kong developers

by Anas Siddiqui
Homebuyers snapping up flats because of discounts, market has too much stock for price increases, analysts warn Hong Kong developers

Hongkongers are less willing to buy homes amid price increases at new launches by developers, analysts said after Great Eagle Holdings announced a new higher price list for another 150 …

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As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

by Anas Siddiqui
As Hong Kong property launches hit 7-year high, analysts say pent-up demand may moderate

CK Asset Holdings will also launch 15 of the 70 remaining units in its El Futuro project in Sha Tin. The first batch of the project was launched in 2020. …

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