rental costs – Charm

Soaring Hong Kong rents: tenants pay more – and fight for shrinking space

2 days ago03 mins

For business owner Tracy Sung, flat-hunting in Hong Kong was complicated by two things – her pets and the intense competition in the rental market. Sung, who used to live in a 500 sq ft flat in Happy Valley, had to offer more than the landlord’s asking price to secure an 800 sq ft property…

Mainland Chinese Retailers Capitalize on Hong Kong’s Falling Rents – News and Statistics

Cs news9 months ago07 mins

May 18, 2025 Mainland Chinese retailers are increasingly making their mark in Hong Kong, capitalizing on reduced rental costs to cater to value-conscious consumers. According to a report by CBRE, brands from mainland China now constitute 35% of all new retail entrants in Hong Kong this year, up from 29% in the previous year. Lawrence…