More than 60 new brands, mostly luxury labels, will move into K11 Musea as part of a revamp to boost the shopping centre’s offerings, but an analyst has warned of a complicated external environment weighing on the retail sector’s prospects. These brands are set to join the Tsim Sha Tsui mall in a tenant overhaul…
Retailers and restaurant operators in Hong Kong are rethinking how they use space as rents fall and demand weakens by moving back to street-level shops and experimenting with short-term “pop-up” leases. Hing Kee Java Edible Bird’s Nest (JEBN), known locally as “Lau Soeng” – Cantonese for “upstairs” – built its business by avoiding expensive street-front…
Hong Kong’s Security Bureau has apologised for an advertising blunder in its anti-drug campaign, after a banner in a railway station appeared to encourage the use of illegal substances when viewed from certain angles. The bureau addressed the issue in a social media post on Friday, a day after an internet user circulated a photo…
Prime office vacancy rates in Hong Kong’s main business district dropped to single digits for the first time in 26 months, lifting overall rents in the city’s struggling office property market, according to JLL. The vacancy rate in Central for premium offices fell to 9.9 per cent in February from 10.1 per cent the previous…
This article was first published on March 18, 2006 by Benjamin Wong and Clifford Lo Officers shot with stolen police gun An off-duty policeman shot two uniformed constables, killing one of them, with a gun stolen from and used to kill an officer five years ago, police sources said yesterday (March 17, 2006). The off-duty…
Online influencer brothers Andrew and Tristan Tate, who both face rape and human‑trafficking charges in Romania and the United Kingdom, were reported to have entered Hong Kong over the weekend, sparking heated discussion online. Andrew posted a photo of himself and Tristan on a luxury boat in Victoria Harbour on X on Sunday, while other…
Hong Kong’s fragile retail recovery is clouding the outlook for shopping mall rents, with Wharf Real Estate Investment Company (REIC) warning that rising geopolitical tensions could add further uncertainty even as visitor traffic improves. “Volume increase, however, was not often accompanied by commensurate yield increase,” the company said in its annual results released on Tuesday….
Developers in Hong Kong are testing the housing market’s recovery by nudging prices up or paring discounts as improving sentiment and a rebound in transactions boost confidence in the city’s property sector. But analysts said the moves remained uneven, with many newly launched projects still offering sizeable concessions as developers continued to prioritise clearing unsold…
Hong Kong will cancel the two-decade-old “A Symphony of Lights” within the year, with the South China Morning Post learning that the fixture will be replaced with immersive projections across various districts to upgrade the city’s offerings. The revamp is among a raft of new tourism measures announced in finance chief Paul Chan Mo-pop’s latest…
Visitor numbers in Hong Kong rose about 14 per cent during the Chinese New Year holiday but more residents left the city, while local retailers reported bumper sales of gold products. Some retailers reported single purchases worth millions of Hong Kong dollars within categories such as watches and jewellery, even as the broader retail recovery…