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Why urban industrial and logistics will be a ‘haven’ for investors in 2023

Savills said the sector will see “robust occupier demand.”

Why urban industrial and logistics will be a ‘haven’ for investors in 2023

Savills said the sector will see “robust occupier demand.”

Unemployment rate falls to 3.5%

By the end of last year, the total unemployed was 126,000.

DBS Hong Kong offers two-in-one instant loan and credit card combo 

Users just need to scan their HKID to get both cash and a digital card in a single application.

Dah Sing Bank, Sun Life enter bancassurance partnership in HK$1.5b deal

Beginning July, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing’s customers.

Residential transaction volume to rebound in H1 2023

Developers are also expected to place their units for sale.

Buildings dep’t approves 13 plans in November

It also gave the green light to start works on 11 building projects.

‘Subdued’ market sentiment speeds up home prices decline: report

Mass residential capital values dropped by 3.1% MoM in December, JLL said.

SMEs remain in ‘expansionary’ territory in Q4 2022

This is for the eighth consecutive quarter, OCBC noted. 

After China reopening, Hong Kong sees economy will pick up growth

Financial Secretary Paul Chan said the city is quickly returning to normalcy.

Investment market in Hong Kong’s retail space ‘quiet’ in 2022: JLL  

There were only a handful of lump sum transactions recorded during the year. 

LegCo approves Stamp Duty amendment bill 

The amended ordinance will come into force on January 27.

Residential prices to ‘bottom out’ in Q1 2023

This is due to a positive economic outlook.

Overall office rent declines by 3.7% in 2022: JLL

Vacancy rate in end-December rose due to new completions.

Hong Kong ranks fourth in global data centre market: report

It went up from sixth place last year, Cushman & Wakefield reported.

Office space in Lippo Centre, Admiralty on sale for $504m

The asking price is equivalent to $32,000 per square foot.