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But China's lockdowns strategy will counter overseas travel.

Bridgeway Prime Shop Fund and Owl Square Co-living acquired the properties.   Six retail shops and nine residential units at Kin Sun Building, Nos. 11-19 Yen Chow Street in West Kowloon were sold separately to two buyers for a total consideration of $100m, its marketing agent, JLL announced.   Bridgeway Prime Shop Fund acquired the retail shops for $70m, whilst Owl Square Co-living Founder Max Poon and AL Group Limited Chairman Laurence Chan got a hold of the residential units.   “All these six connecting corner shops with wide frontages are very rare in the area. With numerous residential redevelopment projects nearby, I am very optimistic about the price appreciation potential of this investment,” Edwin Lee, founder of Bridgeway Prime Shop Fund, said.   Accordion to Lee, the shops provide a passing yield of 3% and could achieve a yield of 5% when projects nearby the properties are completed.    Poon, for his part, said he will transform the nine residential units into “high quality and affordable living options for young professionals.”

Flight searches of Singaporeans rose 250% following the announcement. 

Values of exports and imports of goods fell by 14.3% YoY and 16.3% YoY, respectively.

The pilot scheme will reimburse up to 80% of the training cost.

It has a gross floor area of 345,423 sq. ft. across 27 storeys.

It will be sold by public tender.

They will no longer be required to undergo quarantine in designated hotels.

The pact will allow construction to commence for 20,000 housing units.

Travellers, however, will still need to undergo medical surveillance for three days.

It rose four places with an overall rating of 725.

It was sold for $404.25m to Gold Focus Holdings Limited.

IPOs declined the lowest in more than two decades.

The floating interest rates are affecting the property market.

The bank also adjusted its HKD savings deposit rate to 0.125% pa.

It is also raising its HK dollar prime rate to 5.375% pa.