The Aperture at 11 Ngau Tau Kok Road in Kowloon will open show flats to the public on Saturday and the first price list of over 60 flats will be on offer soon, the developer Hang Lung Properties (0101) said.

The project will offer a total of 294 flats ranging from 320 to 771 square feet, including 85 one-bedroom units and 145 two-bedroom units.

Meanwhile, in Kai Tak, 487 units of Monaco One have been sold, accounting for nearly 99 percent of the total 492 flats offered, said Ricky Wong Kwong-yiu, managing director of Wheelock Properties.

The second phase of the project, which will provide 559 flats, is expected to be granted pre-sale consent soon, and sales will kick off early next year, Wong said.

In Kennedy Town, Kennedy 38 was at least 26.5 times oversubscribed for 40 flats available in the second round of sales after the developers received around 1,100 checks.

Separately, property agency expects that the price of Hong Kong's luxury homes to rise by 5 percent in 2022, slower from this year's estimation of an 8 percent growth.

The real estate consultancy said the slowdown of the mainland economy coupled with the sluggish Hang Seng Index has dampened the growth of property prices, but luxury property prices are still at historic highs.

In other news, Hong Kong lost its seat in the top 10 most attractive cities in the world for the first time, according to Mori Memorial Foundation, beaten by Tokyo, Singapore, Shanghai, Melbourne and Sydney in the Asia-Pacific region.

(The Standard)

Veteran investors are snapping up Hong Kong retail property assets in sign market slump is ending, a property consultancy says

Local veteran investors accounted for all of the 15 major retail transactions in the third quarter, a property consultancy said, up from 20 per cent in the preceding three months

Volume has reached HK$22 billion this year through October 25, surpassing the HK$14 billion recorded in all of 2020 for deals above HK$100 million threshold

Hong Kong’s retail property assets are attracting a slew of domestic individual buyers, suggesting the year-long market fallout induced by the Covid-19 pandemic and recession may be bottoming out, according to industry experts.

Local investors accounted for all of the 15 retail transactions last quarter, according to a property consultancy, based on deals above the HK$100 million (US$12.8 million) threshold. They made up only 20 per cent in the second quarter and 80 per cent in the first quarter, with corporate and institutional investors picking up the rest.

Investors including Chang Miguel Yen Shee and Larry Chan Tzuenn Man, “big spenders” who have kept a low profile over the last couple of years, have snapped up retail assets in some core locations, the property consultancy said in a report on Wednesday.

Investors are “attracted by the potential for capital value growth after the borders reopen next year”, the property consultancy said in a report. “The return of these veteran investors suggests that the retail market is now close to the bottom of the cycle.”

Retail investment transactions have reached HK$22 billion this year through October 25, the property consultancy said, citing data from Real Capital Analytics using deals of the same threshold value. They amounted to HK$14 billion in 2020 and HK$30 billion in 2019.

The property consultant said that November and December are traditionally quiet months for the broader investment market in the city. Activity should continue to gather momentum next year, the consultant added.

Chang, known in the local market for his Taiwan origins and plastics business, bought a prominent shop in Central’s Wheelock House occupied by Citibank for HK$710 million in August, the property consultancy said in its report.

Chan, known for his jewellery business, paid HK$110 million in July for a shop on Nathan Road in Mong Kok. Peter Yip Mow Lum, chairman of local brokerage Bright Smart Securities, spent HK$525 million in August on a shop on Lockhart Road in Causeway Bay.

Another property consultancy also noted a busy market carrying into this quarter, with several sizeable deals in noncore areas. New World Development reportedly sold a basket of shops at Mei Foo Sun Chuen in Lai Chi Kok for HK$455 million to private investors Raymond Tsoi Chi Chung and David Chan Ping Che.

This year’s transactions represent a welcome sign of recovery as the city’s government started to ease social-distancing rules. The market cracked under months of social unrest in 2019, before the onset of the coronavirus pandemic deepened the fallout.

While the city has maintained its strict quarantine requirements for inbound visitors, local residents will be allowed to enter mainland China without quarantine starting from early December, the Post reported earlier this month.

The property consultancy expects that the next six months to be “a great time to invest” for several reasons. They include the Northern Metropolis plan, unveiled during the policy address last month, changes to local shopping habits that benefit neighbourhood retail properties and hopes for border reopening as early as February next year.

“Investors with defensive strategies should consider neighbourhood retail or retail podium assets,” it said in today’s report. “Investors with longer investment horizons of over five years should explore retail assets in the new Northern Metropolis area to capture the area’s longer-term growth potential.”

Occupiers with long-term occupancy plans should consider purchasing properties as pricing levels are currently attractive, it added.

(South China Morning Post)

力寶中心中層呎租41元跌25%

疫情走勢平穩，惟甲廈租金仍彈升乏力，市場消息指，金鐘力寶中心一座中層單位，於交吉約一年後，以每呎約41元租出，較舊租金下跌約25%，低市價約5%。

據地產代理指出，金鐘力寶中心一座中層01室，面積約3400方呎，以每呎約41元租出，月租約139400元，該單位舊租金為每呎約55元，惟上一手租戶於一年前已遷出，故最新租金下跌約25%，並較市價低約5%。

交吉一年後獲承租

據業內人士指出，疫情走勢持續平穩，現今甲廈市場空置率已逐步改善，惟整體租金表現仍備受壓力，隨踏入年尾，部分業主希望於農曆新年前將單位租用，令議價空間逐步擴闊，故近期甲廈租金均見折讓。

據代理資料顯示，該甲廈近期承租個案為力寶中心一座中層01A室，面積947方呎，於本月以50191元租出，平均呎租約53元。

每月租金13.94萬

有外資代理行昨日發佈最新研究報告，該行指，去年零售投資活動疲弱，僅錄得48宗成交，較高峰期的110宗明顯回落，然而，隨着今年進一步放寬社交距離措施，投資活動有所回升，尤其資深投資者轉趨活躍，幾乎佔今年第三季度的全數零售物業成交。

該行代理稱，隨着經濟狀況改善，物業買賣復甦，零售資產越來越受投資者青睞。有見資深投資者重返市場，對零售物業感興趣，表示該物業類別已漸見隧道盡頭的曙光，接下來的六個月將是投資者撈底的良機。

(星島日報)

更多力寶中心寫字樓出租樓盤資訊請參閱：力寶中心寫字樓出租

更多金鐘區甲級寫字樓出租樓盤資訊請參閱：金鐘區甲級寫字樓出租

理想集團沽干諾道西地鋪 作價4150萬平均每呎2.18萬

疫情走勢平穩，帶動鋪位交投轉活，投資老手亦趁勢沽貨，由理想集團持有的西環干諾道西地鋪以約4150萬易手，平均呎價約2.18萬，物業於數年間升值38%。

市場消息指出，由理想集團持有的西環干諾道西70至72號金祐商業大廈地下A鋪，面積約1900方呎，以4150萬售出，呎價約2.18萬；本報昨日就上述消息向理想集團行政總裁鄧健明作出查詢，他證實消息屬實，並指該成交以買賣物業形式進行。

鄧健明：轉投工廈市場

鄧健明續指出，是次沽貨只為套現，料疫情走勢緩和，工商鋪市場將穩步上揚，集團將集中全幢工廈項目發展，並以東九龍及新界西北區為主導。

據悉，理想集團於數年前以買賣公司形式購入上述鋪位，當時作價約3000萬，故持貨數年後沽出，帳面獲利約1150萬，物業期間升值約38%；該鋪現時由食肆以約10萬承租，料買家享回報約2.89厘。

金鑾大廈地鋪4750萬沽

盛滙商舖基金創辦人李根興指出，上述鋪位地點人流量不高，惟鋪位前方可停泊車輛，適合經營高檔火鍋食肆，成交價屬市價水平。

事實上，鄧健明早前亦頻沽貨，資料顯示，由鄧氏持有的元朗意花園佛洛斯大道單號屋於今年初以2000萬售出，呎價約12150元，原業主持貨4年，帳面蝕665.7萬、幅度近25%。

此外，鋪位市場亦頻錄買賣，消息指，尖沙嘴彌敦道80號金鑾大廈地鋪，面積約430方呎，成交價約4750萬，呎價約11萬，市傳買家為資深投資者劉家信，據悉，原業主於2007年以3980萬買入，持貨14年帳面獲利770萬，物業升值19%。

另一方面，市場消息盛傳，旺角豉油街28號旺角廣場地下單號鋪、1樓及2樓全層巨鋪。

豉油街巨鋪2.8億獲洽

市傳獲準買家以2.8億獲洽購，總樓面約9038方呎，若成交最終落實，平均呎價約30980元。

(星島日報)

京城大廈兩層連廣告位 3.46億放售

工商舖受惠多項利好政策及因素帶動，優質單位屢獲市場追捧，逾億元大額成交不斷，同時吸引業主伺機放售罕有物業，如現正放售的灣仔京城大廈兩層全層樓面，配以外牆搶眼的大型廣告招牌位，為港島核心區矜罕放盤，現以意向價約3.46億元放售，另外業主亦接受分層獨立放售，意向價由1.58億元起。

樓面逾兩萬呎 租金回報2.1厘

有代理表示，位於灣仔駱克道175至191號京城大廈1樓及3樓全層，同時連同外牆大型廣告位放售，兩層單位面積合共約23,559平方呎，現以意向價約3.46億元放售，平均呎價約14,687元，可以透過公司買賣形式交易。單位現連租約放售，現由健身中心以每月約61萬元租用，以意向價計算，新買家料可享租金回報約2.1厘，至於上址租期將於2022年屆滿。該代理稱，項目曾由餐廳承租，意味着租客類型選擇可更多元化。至於作為港島市區罕有逾萬呎物業，極其適合購入作長綫收租投資用途。

可分層放售 呎價1.3萬起

另外，為迎合市場所需，業主亦接受以分層獨立形式出售，以3樓全層為例，面積約11,559平方呎，意向售價約1.58億元，平均呎價約13,669元。

參考區內全層寫字樓成交，其單位面積以千餘至3,000平方呎為主，如市場新近成交的駱克道88號中層全層，面積約2,010平方呎，成交價約2,500萬元，平均呎價12,438元，相比現正放售的單位，兩層樓面合共逾2萬平方呎，近年鮮有成交。

該代理續稱，京城大廈為商住物業，1樓至4樓為基座商場，並設有獨立升降機作分流，為商戶提供更大便利，而樓上住宅單位亦可以為物業確保穩定客源，加上京城大廈本身坐落於核心商貿地帶，租賃需求有保證。再者，京城大廈交通配套都極具優勢，距離港鐵灣仔站出口僅約數分鐘步程，另有多綫巴士路綫途經駱克道，交通網絡成熟，而是次放售物業屬港島核心區罕有大樓面全層單位，租客組合極具彈性，收租投資前景看高一綫，預料獲投資者歡迎。

(經濟日報)

教協沽萬迪廣場3舖 蝕2082萬

涉9樓4534呎 3860萬易手呎價8513

教協宣布解散後陸續出售名下物業，剛蝕讓逾2,082萬元售出新蒲崗萬迪廣場3個舖位。

土地註冊處資料顯示，新蒲崗大有街萬迪廣場9樓F、G、H舖，面積約4,534平方呎，本月初以3,860萬元易手，呎價約8,513元。原業主為教協 (香港教育專業人員協會)，其於今年3月以約5,942萬元購入，持貨約8個月，帳面蝕讓2,082萬元，蝕幅約35%。不過，若連釐印費 (約253萬) 計，估計蝕讓約2,335萬元離場。

續售名下物業 已套近2.7億

資料顯示，教協不斷出售名下物業，早前以1.75億元，沽出旺角好望角大廈8樓和9樓兩層。其次，以約5,500萬元，售出旺角中橋商業大廈7樓全層，面積6,254平方呎，呎價僅8,794元，帳面賺466.8萬元。換言之，教協沽出3項物業合共套現近2.7億元。

事實上，隨着中港兩地有望通關消息帶動，近日商舖交投升溫。消息指，上環干諾道西70至72地下舖位，面積約1,900平方呎，以約4,150萬元成交。舖位由餐廳以每月約10萬元，回報率約2.9厘。

另消息指，尖沙咀彌敦道80號地下舖位，實用面積約430平方呎，以約4,750萬元成交，舖位以交吉交易。原業主於2007年9月以3,980萬元買入，持貨14年轉手，獲利約770萬元離場，升值近兩成。

至於住宅方面，土地註冊處資料顯示，白石角天賦海灣．溋玥雙號屋，實用2,686平方呎，原業主2014年以7,022萬元購入，早前以6,080萬元售出，持貨7年，帳面損手942萬元。

(經濟日報)