Hui Wing-mau, the chairman of Shanghai-based Shimao Property Holdings, has just opened a new flexible working space in The Center.
The
co-working space offers an attractive, low-risk entry point into the
broader office rentals sector, property consultant said.
More
mainland Chinese landlords are likely to enter Hong Kong’s flexible
working space, traditionally dominated by local and international
investors, as it offers a low-risk entry point to the broader office
market, according to analysts.
Hui
Wing-mau, the chairman of Shanghai-based Shimao Property Holdings, has
become the latest to debut his new co-working space in the world’s most
expensive office building, The Center, in the city’s Central district.
Hui,
one of the wealthiest tycoons in mainland China, opened The Center
Space, a 23,600 square-foot co-working area on the 76th floor of the
landmark skyscraper, last week.
“More
mainland-backed developers, especially those without a large office
portfolio in Hong Kong, will try to operate co-working space in Hong
Kong as it is a low-risk route for them to enter the leasing market,”
property consultant said.
Last
October, China Resources, a mainland-based conglomerate, opened the CRB
Business Lounge, which offers 24-hour access to fully furnished,
flexible offices, in the China Resources Building in Wan Chai.
Co-working
offices operated by landlords is a space that has been dominated by
major local operators such as Hongkong Land, Great Eagle Holdings, Swire
Properties and Henderson Land Development.
In March 2018, Hui, the 37th richest man in mainland China, bought a 20 per cent stake comprising nine floors of The Center,
a tower valued at HK$40.2 billion (US$5.12 billion), from Li Ka-shing’s
CK Asset Holdings. Hui, who is also a Hong Kong resident, said it was
his biggest personal investment in the city.
“Adopting
a hybrid workspace model has become the new trend as demand for
flexible workspaces has increased immensely, especially after Covid-19,”
said Tinnie Choi, head of sales and operations of The Center Space.
She
said some operators had been unable to continue, mainly because they
could not afford the rent. This gave an advantage to landlords who
decide to open their own flexible working spaces.
“You
can see a trend in which many landlords are choosing to operate by
themselves. Of course we can control our rents,” said Choi. “Relatively
speaking, the [rent] burden is not high.”
The
co-working sector has witnessed several major players, such as WeWork
and KrSpace, closing their operations in Hong Kong or significantly
reducing their footprint. The Center Space is on the same floor as an
Australian co-working company,
Victory Offices, which closed its Hong Kong operations in December,
just a year after it had started, because of the high rent and the
impact of the Covid-19 pandemic.
Landlords
are increasingly considering investing in their own flexible spaces as a
way of offering an extra amenity to their tenants, another property
consultant said. Those tenants are often large occupiers who wish to
expand temporarily into a new space, or new entrants to Hong Kong who
want flexibility while trying to plan their long-term needs.
“In
the past, low vacancies, strong office demand and high rents had
deterred landlords from dedicating space for this type of investment,”
the consultant said.
Hong
Kong co-working market, as of the first quarter of 2021, accounted for
2.61 million square feet, or 3.2 per cent, of overall office stock,
according to property consultancy. The operators are spread across 315
locations, charging an average rate of HK$2,950 per desk per month.
Even
though demand is strong across the sector, desk prices remain sensitive
given the wide range of options for the user, the consultant said.
There will be slow rental growth as the market matures.
“It
is quite clear that the demand is down to businesses trying to defer
decisions on long-term strategy and seeing the flexible terms as the
correct solution during this current uncertainty,” the consultant said.
“Even from a more extreme view, tenants may be thinking that the trend
of using flex offices in addition to working from home could be more
permanent particularly if staff enjoy this arrangement and productivity
is not affected.”
(South China Morning Post)
For more information of Office for Lease in The Center please visit: Office for Lease in The Center
For more information of Grade A Office for Lease in Central please visit: Grade A Office for Lease in Central
For more information of Office for Lease in China Resources Building please visit: Office for Lease in China Resources Building
For more information of Grade A Office for Lease in Wan Chai please visit: Grade A Office for Lease in Wan Chai
HNA’s creditors put former chairman’s US$56 million Hong Kong penthouse up for sale to repay loans
The
4,600 sq ft fully furnished four-bedroom penthouse is on the 45th floor
of 39 Conduit Road, Mid-Levels, one of the most prestigious addresses
in Hong Kong
The
flat was previously owned by Billion Able, which had HNA chairman Chen
Feng as its director. The firm bought it in 2015 for US$55.6 million
A
4,600 sq ft luxury penthouse in Hong Kong, which was previously owned
by the debt-laden mainland Chinese conglomerate HNA Group, has been put
up for sale by creditors.
The
fully furnished four-bedroom flat is on the 45th floor of 39 Conduit
Road, Mid-Levels, one of the most prestigious addresses in the world’s
most expensive property market.
The
property was bought by Billion Able Corporation in April 2015 for
HK$433 million (US$55.6 million), or about HK$94,150 per square foot,
according to Land Registry and Company Registry records. Chen Feng, the
founder and chairman of HNA Group was the director of Billion Able, but
resigned in March last year.
A
property agency has been appointed as the sole agent for the flat,
which can be accessed by private lift for increased privacy.
Market
observers expect the penthouse to be highly sought after as the prices
of super deluxe homes continue to soar amid rising demand.
“The response [for the tender] should be good,” analyst said.
Property
agent said that the property could fetch between HK$100,000 and
HK$120,000 per square foot, indicating a price of HK$460 million to
HK$552 million for the penthouse.
HNA
Group, which is undergoing debt restructuring and faces some US$187
billion in creditor claims, is one of four defendants sued by the
lender, Thing On Capital, because of its failure to repay a HK$180
million mortgage for the flat, Bloomberg reported in July. HNA was
Billion Able’s ultimate parent when the mortgage was signed and was one
of the guarantors for the loan.
Thing On has demanded the defendants repay the loan, which was due on June 21, as well as related interest, the report added.
Man
Chun So and Yat Kit Jong are the receivers of the flat, Land Registry
records show. The addresses that So and Jong registered are PwC’s
offices in Central, according to the Companies Registry, which noted So
and Jong were appointed on March 16, 2020.
The property agency declined to disclose further details about the tender, which closes on September 27.
“Overall
sales of distressed assets have been slowed down as creditors are
reluctant to offer these assets at steep discounts any more amid an
uptrend in the market,” surveyor said, which is involved in the auction
of distressed real estate assets.
Currently, some 100 foreclosed properties were up for auction, the surveyor said.
(South China Morning Post)
信德中心高層每呎52元租出
疫情持續轉好，帶動甲廈租賃交投轉活，市場頻錄承租個案。消息指，上環信德中心西翼高層單位以每呎52元租出，屬市價水平。
市場消息指出，上環信德中心西翼高層06A室，面積1200方呎，以每呎52元租出，月租約6.24萬；據業內人士指出，上述租金屬市價水平。
屬市價水平月租6.24萬
據代理資料顯示，該甲廈近期頻錄承租，其中，信德中心西翼低層8室，面積1440方呎，於今年8月以7.2萬租出，呎租約50元；另一宗為信德中心西翼中層7室，面積2559方呎，於今年7月以14.8萬租出，呎租約58元。
另一方面，商廈市場亦頻錄買賣，其中，九龍灣德福大廈高層08室，面積1277方呎，以1617.9萬售出，呎價約12670元；此外，尖沙嘴業廣商業大廈中層01至02室，面積1439方呎，以約1248萬售出，呎價8673元。
德福每呎12670元售
據外資測量師行早前指出，甲廈連續七季錄負吸納量，今年上半年負吸納量61萬方呎，現時整體空置率高達10.8%，屬十六年來新高，預期年內甲廈租金將低位橫行。
(星島日報)
更多信德中心寫字樓出租樓盤資訊請參閱：信德中心寫字樓出租
更多上環區甲級寫字樓出租樓盤資訊請參閱：上環區甲級寫字樓出租
更多德福大廈寫字樓出售樓盤資訊請參閱：德福大廈寫字樓出售
更多九龍灣區甲級寫字樓出售樓盤資訊請參閱：九龍灣區甲級寫字樓出售
市建土瓜灣百億項目群雄爭奪 屯馬綫通車效應新界地價創新高
港鐵屯馬綫通車後進一步刺激土瓜灣區發展，市建局土瓜灣庇利街/榮光街百億重建項目將於下周一截標，將成各方財團逐鹿之地，消息指除區內有項目的發展商虎視眈眈外，亦有不少財團有意競投，勢將成為群雄爭奪目標。業界人士認為，環顧近期賣地表上的地皮均以高價批出，可見本港土地供不應求，料各大財團將以高價爭奪項目發展權。
市建局上月底邀請33家發展商入標競投，並於下周一 (23日) 截標，各大發展商已密密籌備入標工作，其中，除於區內有發展項目的新地及麗新等會研究入標外，而華懋及遠東發展亦指會研究入標，同時亦有不少財團均表示有意競投，並透露近期賣地表上的新界區地皮不斷被搶貴，擔心部分發展商以高價搶地，故考慮以合組財團形式競投，藉以增加「籌碼」。
邀33家發展商入標競投
華懋集團執行董事兼行政總裁蔡宏興曾指出，該集團與市建局有不少發展項目，雙方合作發展經驗豐富，而且上述項目屬市區罕有新供應，該集團會研究入標競投。
麗新發展高級副總裁潘銳民說，目前集團正積極研究入標，他認為，近年市區靚地近年新供應罕有，而且上述項目位於市區優質地段，加上在港鐵屯馬綫通車後帶動，進一步完善區內交通配套，對外交通更加便利。
他透露，日前元朗住宅地以高價批出，可見發展商對後市有信心，亦反映本港土地供不應求，加上近期亦有不少新盤以高價售出，對該項目均有刺激作用，不排除各發展商以進取價競投，中小型發展商則以合組財團競逐。
財團區內密密「插旗」
事實上，近年有不少發展商已於區內密密「插旗」，多個新盤亦相繼落成，如新地旗下Downtown38、長實旗下VIVA、新世界發展的瑧尚及恒基發展的傲形等。同時亦有發展商積極拓展區內併購版圖，就周邊舊樓群展開收購，據恒基年報顯示，其併購範圍包括下鄉道及落山道之間的舊樓群，整個地盤面積約42506方呎，可建總樓面約37.44萬方呎。
土瓜灣庇利街/榮光街重量級重建項目，為近7年來市建局最大型項目，地盤面積約7.97萬方呎，可建總樓面約71.75萬方呎，包括約59.79萬方呎住宅、約11.95萬方呎商業樓面，預計提供1150個住宅，設限呎元素，面積最少300方呎，一半單位不少於480方呎。綜合消息指，上述項目估值約92至逾100億，每方呎樓面地價約1.3萬至1.5萬。
賣樓收益逾148億後需分紅
據招標條款顯示，日後賣樓收益逾148億後需要分紅，即每方呎售價達20628元以上便要分紅，達標後首2.5億，隨即需要分紅兩成，其後按比例增加至最多五成，同時亦以一口價、價高者得作勝負關鍵。商場部分首10年為市建局及中標財團共同持有，發展商分佔70%租金收益，市建局佔餘下30%，其後可互售予對方，或延長共持5年，15年後公開招標，以七比三作分紅。
(星島日報)
航天科技每呎11576元售
工廈物業有價有市，再錄大手成交。觀塘航天科技中心中層單位以9000萬成交，每呎造價約11576元，屬市價水平。
據土地註冊處資料顯示，觀塘航天科技中心中層1室，面積7775方呎，於上月底以9000萬成交，買家以公司名義建威科技 (香港) 有限公司 (KIN WEI TECHNOLOGY (HONG KONG) LIMITED)，註冊董事為莊姓人士，原業主於2011年以4031.43萬購入，以公司名義江波龍科技 (香港) 有限公司持有，持貨10年帳面獲利約4969萬，物業期間升值約1.23倍。
持貨10年升1.23倍
據代理資料顯示，該廈對上一宗成交為中層全層，面積10589方呎，於2018年12月以9300萬售出，呎價約8783元；另一宗買賣為高層全層，面積10589方呎，於同年9月以1.0589億易手，呎價約1萬元。
新都會呎價1.06萬售
另外，葵涌區內工廈頻錄承接，消息指，該區新都會廣場2座高層12室，面積約1461方呎，以1550萬售出，呎價約10609元；另外，同區生興工業中心低層A室，面積約3300方呎，以940萬易手，呎價約2848元。
至於租賃方面，市場則錄低價承租，消息指，觀塘聯卓中心低層全層，面積約4263方呎，以6.4萬租出，呎租約15元，屬稍低於市價水平。
(星島日報)
市建局2898萬沽長沙灣鋪
疫情持續轉好，帶動鋪位買賣轉活，市建局亦加入沽貨行列。由該局持有的長沙灣福榮街1樓及地鋪以約2898萬售出，呎價約6441元。
據土地註冊處資料顯示，由市建局持有的長沙灣福榮街538號喜遇地下1號鋪及1樓，於本月初以約2898.8萬售出，買家以公司名義頤富發展有限公司 (OASIS DEVELOPMENT LIMITED)，註冊董事為多位陳姓人士。
據悉，上址地鋪面積900方呎、1樓面積3600方呎，合共面積4500方呎，以易手價計，呎價約6441元。
平均呎價6441元
據代理資料，該街道近期成交為23A至23E號地下23A室，面積500方呎，於今年6月以1048萬售出，呎價約20960元；另一成交為福榮街506至510號地下一號鋪，於今年5月以3488萬售出，以面積2000方呎計，呎價約17440元。
市場消息指出，大埔太和路15號太和中心地下單號鋪，面積約1000方呎，以約2600萬易手，呎價約2.6萬，該鋪月租5.8萬，料買家享回報約2.67厘。據悉，原業主於2017年5月以2200萬購入，持貨4年帳面獲利約400萬，物業期間升值約18%。
(星島日報)
土地註冊處顯示，長沙灣商廈荔枝角道888號9樓A7室，建築面積2,132平方呎，月初以2,600.3萬元售出，呎價12,197元。登記買家為威年置業投資有限公司，該公司董事包括威信科技 (國際) 有限公司董事總經理丁可恒及執行董事高子揚等。
資料顯示，威信集團為製衣輔料生產商，去年3月公司第一條口罩生產綫到港，隨即加入政府的「本地口罩生產資助計劃」，成為20條資助生產綫之一。此後，公司連環入市，包括去年5月以1,718萬元購入長沙灣億利工業中心兩個單位；而今年7月更以1,900萬元向星星集團
(01560) 主席陳文輝或相關人士，購入金鐘海富中心商場一個舖位。
(經濟日報)
更多荔枝角道888號寫字樓出售樓盤資訊請參閱：荔枝角道888號寫字樓出售
更多長沙灣區甲級寫字樓出售樓盤資訊請參閱：長沙灣區甲級寫字樓出售
更多海富中心寫字樓出售樓盤資訊請參閱：海富中心寫字樓出售
更多金鐘區甲級寫字樓出售樓盤資訊請參閱：金鐘區甲級寫字樓出售
西半山寶珊道地盤放售 估值逾20億
豪宅地皮罕有，消息指，莊士機構 (00367) 及嘉華國際 (00173)，放售西半山寶珊道地盤，可重建約4.42萬平方呎，估值逾20億元。
可建樓面約4.4萬呎
市場人士指，代理行獲委託，放售西半山寶珊道項目。物業為寶珊道28至30號，地盤面積約1萬平方呎，可建樓面約4.42萬平方呎。寶珊道為傳統豪宅地段，私隱度高，故地盤可興建超級豪宅。市場人士估計物業市值逾20億元，每平方呎樓面地價逾4.5萬元。
據悉，項目莊士機構與嘉華國際持有，2009年合資以3.25億元購入。
翻查資料，同地段尚璟共有38個單位，有基金於兩年前向永隆銀行創辦人伍宜孫家族購入項目剩餘的25伙，其後再作轉售。據悉，早前已售出單位，平均成交呎價約5.9萬元。
(經濟日報)
旺角百寶利全層 租25萬跌逾5成
登山用品Chamonix設旗艦店 呎租約50
核心區舖位租務有改善，而租金亦明顯下挫。旺角百寶利商業中心全層5,000呎樓面，獲登山用品Chamonix以每月約25萬元租用，租金較高峰期跌逾5成。
有代理指，Chamonix將於旺角西洋菜南街1號的百寶利商業中心2樓全層開設其全新旗艦店，總面積達5,000平方呎。
鍾建民：趁東奧熱未退擴充
擁有35年歷史的登山用品零售品牌Chamonix，包括運動鞋履、服飾、袋、攀山及攀岩裝備，以及露營用品等，將於原來的旺角奶路臣街街舖搬至上址，並計劃於今年9月正式開張。Chamonix創辦人兼香港攀山專家鍾建民表示，東京奧運會剛完結，市民對運動的熱情未減，於此時進行擴充。
市場人士指，是次月租約25萬元，呎租約50元，較高峰期跌逾5成。旺角百寶利商業中心多層舖，原由FOREVER 21租用，品牌遷出交吉一年多，其中3樓早前獲健身中心租用，月租料約25萬元。
中環中南行舖 呎租約43
舖位租務略增，代理表示，中環德輔道中59號中南行地下及地庫，地舖面積約2,000平方呎，地庫面積約1,500平方呎，物業總面積約3,500平方呎，獲零售商以每月約15萬元承租，平均呎租約43元。資料顯示，舖位前租客為時裝店，租約於今年初屆滿，其後一直以短租形式續租，至近期零售市道前景好轉，終獲長租客進駐；物業舊月租約30萬元，是次新租金減幅約50%。
(經濟日報)
