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Pavilia Farm's third phase is poised to hit market


New World Development (0017) received presale consent for the third phase of The Pavilia Farm atop Tai Wai Station.

The third phase provides 892 flats, from one-bedroom flats to four-bedroom flats.

The 337 units in the first price list of phase two were offered at an average HK$19,838 per sq ft after discounts, about 5 percent higher than the first price list of phase one.

The first phase of the project received more than 22,700 registrations of interest, the largest number since 1997, and the developer sold 2,103 flats in the first two phases.

In Tai Kok Tsui, Henderson Land Development (0012) will offer 11 flats at Aquila Square Mile for sale on Friday. The 11 flats are offered at HK$5.14 million to HK$9.2 million, or HK$22,583 per sq ft to HK$27,032 per sq ft after discounts.

Meanwhile, NWD's Impact Kommons, Asia's first United Nations Sustainable Development Goals based accelerator, hosted a demo day for its second cohort. A total of 14 startups presented 12 business integration solutions, working with the NWD's business units and partners, ranging from construction, elderly care, education and facilities management.

Combined with the first cohort of Impact Kommons, the startups have already achieved 21 integrations. NWD also said that recruitment for the next cohort has begun and will focus on further business collaboration opportunities between startups and New World Group business units and partners.

(The Standard)

 

Luxury brands switch to short leases and pop-up stores as Hong Kong’s rents drop amid record vacancy rate in retail slump

Louis Vuitton is making the switch, with an Objets Nomades Collection show last month that exhibited furniture and homewares at the Pedder Building

Sennet Freres returned to Hong Kong as a bespoke wedding gown couturier this month at the space left empty by La Perla in Causeway Bay

Some global luxury brands are switching to short-term leases and pop-up outlets in Hong Kong, taking advantage of cheaper rental charges amid soaring vacancy rates in what was once the world’s most expensive high street commercial property market.

Louis Vuitton is one such brand making the switch, with an Objets Nomades Collection show last month that exhibited furniture and homewares at a two-level store in the Pedder Building diagonally across the road from its Landmark building boutique in Central. Sennet Freres, the century-old Parisian watchmaker, returned as a bespoke wedding gown couturier in December, occupying a four-storey, 8,740 square feet (812 square metres) space left empty since September by La Perla on Russell Street in Causeway Bay.

“Several deals were confirmed for big brands to take up between 1,000 square feet and 10,000 sq ft in Central and Causeway Bay for a term ranging from 10 days to three months,” agent said.

The short lease is becoming the survival tactic for retail brands, especially those at the higher end that suffer the most from disappearing foot traffic and vanishing mainland Chinese shoppers, to help them pull through Hong Kong’s worst recession on record and the city’s unprecedented retail slump. Vacancy rates in Central stood at 15.3 per cent in the first quarter while 14.4 per cent of available retail space stood empty in Causeway Bay.

Shopping centre operators are also exploring new concepts, including the integration of art and cultural exhibition with retail sales to turn shopping into a social experience to attract foot traffic and generate business for their tenants.

Hongkong Land, a unit of the conglomerate Jardine Matheson and the largest landlord in Hong Kong’s Central district, opened hybrid cultural and retail space called BELOWGROUND at the basement of its Landmark Atrium in March. The first show there, called Time Travel, featured local artists Afa Annfa and Chino Lam with the street artist Cope2 on the same floor as the luxury brands Dior Men, Kenzo, Gucci Men and Celine Men.

Landlords are now willing to give up some retail space towards the creation of a shopping experience by promoting culture and the arts as vacancy rates have risen, another agent said.

“It will be beneficial to the overall performance of the shopping centers, as more visitors check in on their social media accounts, [share or] talk about the malls,” agent said. “[The social buzz] will continue to drive traffic, and thus sales.”

K11 group, founded by New World Development’s executive vice-chairman Adrian Cheng Chi-kong, said its sales grew 49 per cent, and traffic increased 50 per cent year- on- year after it rolled out a series of cultural-retail experience across its malls in Hong Kong, Guangzhou, Shanghai, Wuhan and Shenyang during the Labour Day Golden Week Holiday from 28 April to 5 May.

“We organised more than 1,000 art and cultural programmes in Hong Kong and more than 5,000 in Greater China, reaching millions of people since 2009,” said a K11 spokesman.

Swire Properties, which owns shopping malls and grade-A office in Admiralty and Quarry Bay, has hosted more than 200 events and received over one million visitors at ArtisTree, a permanent venue for hosting or sponsoring different activities for tenants at Taikoo Place in Quarry Bay and the Hong Kong community since it opened in 2008, according to chief executive Guy Bradley.

“Many multinational corporations nowadays look beyond just the provision of office space. They increasingly place emphasis on the well-being of their workforce and look for a working environment with a broad range of amenities that can help to attract talent,” Bradley said.

(South China Morning Post)

For more information of Office for Lease at Pedder Building please visit: Office for Lease at Pedder Building

For more information of Grade A Office for Lease in Central please visit:  Grade A Office for Lease in Central

 

鄧成波家族逾百億物業 市場放售

「舖王」鄧成波突離世,而近年他活躍於投資市場,斥資逾300億元入市。近一年該家族積極沽貨,已套現40億元,而目前仍於市場放售逾百億物業,料成投資市場焦點。

九龍城聯合道2萬呎地盤 估值約25億

一直於投資市場活躍的鄧成波,上周突離世,享年88歲。事實上,2015年起鄧氏家族開始大舉進軍樓市,3年間先後購入多個酒店、舖位,涉資約300億元。近一年多受疫情影響,整體工商舖市道欠佳,該家族亦開始沽貨減磅,包括近期以約18億元沽出葵涌光輝凍倉、4億售出西貢舖位,近一年已累沽約40億元物業。

目前鄧成波家族仍於市場放售大批商舖、住宅地盤等,涉及逾百億元。近期該家族放售九龍城聯合道地盤部分業權,地盤面積涉約2萬平方呎,市值約25億元。另外,早前盛傳他以5.5億沽灣仔尚翹峰商場,惟最終未有售出,仍於市場放售中。

窩打老道銀行舖 9800萬易手

另外,商舖買賣持續向好,消息指,旺角窩打老道銀行舖位,以約9,800萬元易手。

市場消息指,旺角窩打老道61至63號舖位易手,涉及物業地舖入口,面積約200平方呎,以及1至2樓,每層面積約5,800平方呎,合共約1.18萬平方呎,以約9,800萬元易手,市傳新買家為資深投資者楊萬勤或有關人士。據悉,該舖由渣打銀行租用多年,月租約34.6萬元租出,回報率約4.2厘。

另商舖出現短綫買賣獲利個案,涉及荃灣沙咀道130號地舖,面積約1,000平方呎,現時由點心店以月租7.3萬租用,以約2,800萬元易手,回報率約3.1厘。據悉,原業主為盛滙商舖基金,於去年12月以約2,000萬元購入,持貨半年獲利約800萬元。

另代理表示, American Eagle Outfitters, Inc.租用中環皇后大道中31號陸海通大廈 (LHT Tower) 地下1號舖、1樓1號舖位及2樓3號零售舖位,開設旗艦店共佔地7,158平方呎樓面。市場消息指租金約100萬元。

(經濟日報)

更多陸海通大廈寫字樓出租樓盤資訊請參閱:陸海通大廈寫字樓出租

更多中環區甲級寫字樓出租樓盤資訊請參閱:中環區甲級寫字樓出租

 

九龍城聯合道地盤標售 值25億

港鐵通車後,九龍城料亦起變化,業主趁機標售九龍城聯合道地盤,市值約25億。

有代理獲委託標售九龍城聯合道2至4號部分、聯合道6至8號全幢、聯合道10至16號部分及聯合道18號全幢業權。買家可選擇購買全部物業或部分,物業將以現狀及連現有租約出售,截標日期為6月23日 (星期三) 正午12時。整個項目涉及共18個地段,總地盤面積約20,218平方呎,屬於城中罕見的大型住宅項目,市值約25億元。物業步行往沙中綫的宋皇臺站僅需4分鐘,日後通車地段配套更理想。

總面積約20218 城中罕見

該地盤由舖王鄧成波家族持有,其中聯合道18號全幢佔地約10,167平方呎,總建築面積約84,366平方呎。波叔於2017年以13億元向豐泰購入該全幢住宅,並打造成長者服務式住宅蔚盈軒,樓齡4年,樓高29層,合共提供92個單位,涵蓋1房、2房、3房及4房戶型,另有36個車位。

(經濟日報)

 

觀塘萬兆豐中心高層戶 意向2000萬

觀塘萬兆豐中心高層單位,現以約2,000萬元放售。

代理表示,獲委託放售觀塘海濱道133號萬兆豐中心高層I室事宜,單位面積約1,567平方呎,業主意向售價約2,000萬元,每平方呎約12,763元。

備24小時冷氣 靈活度高

代理指,單位間隔四正實用,外望開揚城市景觀,配備24小時冷氣,靈活度極高,實屬自用或投資首選。

買賣方面,近日該廈部分單位錄低價成交,包括中層G室,景觀可望城市景,面積約2,096平方呎,以成交價約1,600萬元易手,平均呎價約7,633元,交吉交易,買家將作自用。另同層L室,景觀同望城市景,面積約2,118平方呎,獲投資者以呎價約7,400元承接,成交價約1,567萬餘元,以交吉形式易手。許氏預計,按該單位現時市值呎租約20元水平,料新買家可享租金回報約3厘。

(經濟日報)

更多萬兆豐中心寫字樓出售樓盤資訊請參閱:萬兆豐中心寫字樓出售

更多觀塘區甲級寫字樓出售樓盤資訊請參閱:觀塘區甲級寫字樓出售

 

南匯廣場質素佳 黃竹坑低水之選

南匯廣場為黃竹坑區內相對樓齡較高的商廈,但整體質素仍不俗,兼鄰近港鐵站,屬低水之選。

黃竹坑近年商業氣氛提升,新式商廈林立,坐落於黃竹坑道、香葉道等,但不少新項目略偏遠,如環匯廣場前往黃竹坑站則約10至15分鐘步程。而南匯廣場位於業興街,由黃竹坑站出口的連接天橋,5分鐘多便可到達南匯廣場。

另外,大廈於業勤街亦設入口,坐升降機前往地下大堂。

長形設計 間隔方正實用

交通配套上,港鐵黃竹坑站前往金鐘,僅10分鐘車程,而黃竹坑道一帶有多條巴士綫,前往港九各區,非常便利,物業亦提供穿梭巴士來往香港仔及天后栢景台,另設有多層停車場。飲食配套上,黃竹坑一直欠缺大型商場,餐廳選擇偏少,上班人士可前往附近大廈地舖餐廳,而近年新入伙商廈增加,餐廳數目相應略為提升。

樓高29層,於1995年落成。設A及B座,地下電梯大堂分兩邊設計,每邊大堂設有3部升降機,有效分散人流。每層設有23伙,其中以1、26號單位為大單位。全層面積近3萬平方呎,而最細單位由數百平方呎起,適合中小型公司。單位間隔方正實用,多為長形設計。

9樓設泳池 商廈罕見

除了基本配套外,大廈更有一大特色,是9樓設有泳池,為商廈極為罕見。

價格方面,南匯廣場早年平均買賣成交呎價約9,000餘元至1.2萬餘元。2017年,中層02至06室,面積約3,425平方呎,成交呎價約8,910元。

2019年,整體商廈價造好,9月物業2907室,面積約876平方呎,以約862萬元成交,呎價9,840元。

去年3月,該廈1219室,面積約842平方呎,以約1,077萬元易手,呎價高見1.28萬元。

今年價格見回落,對上一宗買賣成交為本月初,物業1020室,面積約891平方呎,以約681.6萬元易手,呎價約7,650元。

(經濟日報)

更多環匯廣場寫字樓出售樓盤資訊請參閱:環匯廣場寫字樓出售

更多黃竹坑區甲級寫字樓出售樓盤資訊請參閱:黃竹坑區甲級寫字樓出售

 

代理:港商業地產市場六大新常態

代理指出,截至今年第一季,香港已出現了四波新型冠狀病毒,經濟出現有史以來最差的情況。新型冠狀病毒大流行改變了市場本身的特性。該代理行看到香港商業地產市場的六大新常態。

六大新常態包括寫字樓租戶「再中心化」、中環的新零售布局、現代物流需求更大、大宗商業交易回歸市場、數據中心用地愈受青睞,以及香港投資者對環境、社會及公司治理(ESG)的考量不足。

自2019年3月以來,中環甲級寫字樓的租金一直下跌。隨着內地的經濟將於今年大幅反彈,新冠疫情受控,預計中資公司將繼續佔用核心區的寫字樓空間,並領頭開始「再中心化」的趨勢。

新冠疫情危機加快中環傳統優質地段零售商舖轉型的速度。皇后大道中的轉化和海濱三號地皮的出現,將改變中環優質零售物業市場的局面,大部分奢侈品零售活動於未來4至5年內將遷往中環北部海邊地帶。

香港現時約有230萬方米的現代化物流空間。隨着新冠疫情推動電子商務的廣泛應用,到2025年,現代化物流空間的總需求將達到310萬方米,因此,在未來4到5年還需要80萬方米的現代化物流空間來填補供應缺口。

隨着投資者對市場前景的信心恢復,交易活動開始恢復。2020年下半年,主要的商業地產成交量為2020年上半年的三倍。隨着疫苗接種計劃推出和新冠病毒病例減少,整體商業表現繼續改善。許多投資者已開始重新審視並在市場上找尋寶,他們更傾向投資香港甲級寫字樓。

疫情過後,隨着政府實施工廈重建的標準金額先導計劃,預計工業物業的銷售將保持穩定增長。

在新冠病毒爆發期間,數據中心用地依然受追捧,市場完成不少重大成交。新型冠狀病毒更強調數據中心的重要性。隨着香港數據中心的市場日趨成熟,相信投資者買入數據中心用地的欲望只會更強勁。

在房地產行業,由於ESG跟收益和節約成本的措施有密切的關係,因此受到重視。香港的發展商比以往更關注ESG元素,從內部政策及管治到項目規劃,以及從綠色融資到租賃、營運及設施管理。

代理表示,新常態顯示香港商業地產市場正在演化,市場重點已轉移到新興領域,而投資者在疫情後積極尋求先發優勢。這些商業地產的新趨勢已經證明了它們擁有抵抗困難時期的能力,預計在經濟復甦之後,這些趨勢將在經濟周期中持續更長時間。

(信報)