观塘敬业街甲厦新盘云讯广场即将开售，呎价约8,500元起，为近年东九龙最低呎价甲厦新盘，每层售价约1.32亿元起
由伟华置业伙拍投资者旗下观塘敬业街云讯广场甲厦新盘早前落成，大厦3至32楼为办公室楼层，每层面积约1.5万至1.6万平方呎。业主首批将推10层楼面，全数以全层单位推出，呎价最低为物业3楼，全层面积约15,564平方呎，定价约1.32亿元，呎价约8,500元。
(经济日报)
更多云讯广场写字楼出售楼盘资讯请参阅：云讯广场写字楼出售
更多观塘区甲级写字楼出售楼盘资讯请参阅：观塘区甲级写字楼出售
全新商厦盘 蚀本价吸用家
甲厦空置率高企，有发展商以蚀本价推盘，而目标客群料为企业用家。
整体楼市现况仍一般，有发展商已贴近成本价，甚至「蚀本价」卖住宅。另边厢，甲厦空置率高企，亦有发展商以蚀本价推盘，而目标客群料为企业用家。
近月楼市气氛欠佳，楼价亦出现回调，发展商新盘继续低价出击，新盘开价普遍贴近同区二手楼价，甚至更低，更有个别发展商以蚀本价开售，如早前建灝地产发展的文曜，首批蚀本价推出，因项目每平方呎约2.06万元，而首批折实呎价低于成本价。
事实上，新供应多的情况，甲厦市场更严峻。近两年为商厦供应高峰期，楼面多达720万平方呎。
业主面对需求弱及空置楼面多，近期推售甲厦新盘不得不面对现实，以低价开盘。
甲厦9月空置率微跌 仍达12.7%
由伟华置业等发展的敬业街41号云讯广场，即将于市场开售，据价单显示，首批10层楼面，呎价由8,500至9,400元不等。翻查资料，业主早年以逾16亿元，购入观塘敬业街41号地盘，每平方呎楼面地价约5,150元，项目更于2021年10月补地价金额逾10.13亿元，每平方呎约3,000元，再连同建筑费，相信至少逾万元。按最新开售呎价约8,500元，已属蚀本价。
商厦业主亦要低价出动，正因空置率高企。据一间外资代理行最新发表的香港地产市场报告中指出，整体甲级写字楼市场空置率略有改善，9月微跌下仍高见12.7%。中环的空置率约9.6%，而东九龙更属重灾，空置率接近两成，难免令租售价面对压力。因空置楼面多，令业主以首批低价作卖点，希望先有好开始，日后销售理想，便有加价空间赚取利润。
整体而言，近月投资气氛一般，商厦买卖却在近一个月转好。上半年市场极少录得全层商厦买卖，而在过去一个月，先后有上环信德中心、观塘丝宝国际大厦、中环永安集团大厦、湾仔资本中心，以及尖沙咀铁路大厦全层商厦买卖，共涉资约18亿元。上述商厦，既有甲级亦有乙级，而买家绝大部分为用家，企业购入楼面自用。
息口仍处高水平，买商厦作投资，回报率不特别吸引，但对企业来说，过往因甲级商厦呎价动輒逾万元，寧愿先租用单位，同时租金仍处高位，企业难免要捱贵租。如今当商厦呎价回调3成以上，企业购入楼面长綫自用属合适时间。近日观塘新盘开售呎价约8,500元，相信也是主力吸纳用家入市。
(经济日报)
更多云讯广场写字楼出售楼盘资讯请参阅：云讯广场写字楼出售
更多丝宝国际大厦写字楼出售楼盘资讯请参阅：丝宝国际大厦写字楼出售
更多观塘区甲级写字楼出售楼盘资讯请参阅：观塘区甲级写字楼出售
更多信德中心写字楼出售楼盘资讯请参阅：信德中心写字楼出售
更多上环区甲级写字楼出售楼盘资讯请参阅：上环区甲级写字楼出售
更多永安集团大厦写字楼出售楼盘资讯请参阅：永安集团大厦写字楼出售
更多中环区甲级写字楼出售楼盘资讯请参阅：中环区甲级写字楼出售
更多资本中心写字楼出售楼盘资讯请参阅：资本中心写字楼出售
更多湾仔区甲级写字楼出售楼盘资讯请参阅：湾仔区甲级写字楼出售
更多铁路大厦写字楼出售楼盘资讯请参阅：铁路大厦写字楼出售
更多尖沙咀区甲级写字楼出售楼盘资讯请参阅：尖沙咀区甲级写字楼出售
曾由意大利名牌 Prada 租用的铜锣湾2000广场地下至3楼多层复式铺位，近年逐步拆细出租，有消息指1楼全层刚由食肆承租，月租约30万元。
消息称，2000广场的1楼全层，建筑面积约4958方呎，原以每月40万元放租，近期以30万元租出，呎租约60.5元，租户为食肆。
零售铺租明年料微升5%
罗素街2至4号2000广场地下、1楼至3楼，合共4层，总楼面达20040方呎，Prada 于2014年初起租用作为旗舰店，最后在2020年2月撤出。近年上址作改装工程，铺位还原成逐层出租，当中率先租出2楼全层，建筑面积约5042方呎，连锁餐厅在2021年底以每月26.5万元租用。眼科诊所德视佳 (01846) 今年初租用地下部分铺位及3楼全层，涉及总面积约9104方呎，月租约85万元。
另外，有外资代理行最新发表2023年第三季香港零售租赁市场报告指出，由于香港和全球经济仍然面临挑战，大型零售商放缓扩张计划，预期2024年零售商铺租金仅微升5%。
(信报)
更多2000年广场写字楼出租楼盘资讯请参阅：2000广场写字楼出租
更多铜锣湾区甲级写字楼出租楼盘资讯请参阅：铜锣湾区甲级写字楼出租
DBS knocks 18pc off Central office rent
DBS has won a deal to rent retail space in Central's New World Tower for 18 percent less than the asking price, according to a person familiar with the matter.
The Singapore-based bank will rent the 12,000-square-foot space for HK$1.8 million a month, less than the HK$2.2 million sought, the person said.
Meanwhile, WeWork plans to file for bankruptcy as early as next week, a source familiar with the matter said on Tuesday, as the SoftBank-backed company struggles with a massive debt pile and hefty losses.
It was once privately valued at US$47 billion (HK$367 billion) and now has a market capitalization of just about US$121 million.
Shares of the flexible workspace provider fell 32 percent in extended trading after the Wall Street Journal first reported the news. They have fallen roughly 96 percent this year.
(The Standard)
For more information of Office for Lease in New World Tower please visit: Office for Lease in New World Tower
For more information of Grade A Office for Lease in Central please visit: Grade A Office for Lease in Central
SHKP promises 5pc back if new flat prices fall more than 10pc
Sun Hung Kai Properties (0016) has become the first developer to guarantee buyers 5 percent back of the price they pay for its flats should they fall by 10 percent or more in the next seven months.
It indicates that the local major developer is striving to offload its unsold flats, as Hong Kong's private home prices in September fell to its lowest since April 2017 amid weak market sentiment and a high-interest rate environment.
When SHKP unveiled yesterday a new price list offering 93 units at Novo Land 2A in Tuen Mun, it also promised to return as much as 5 percent of the deal price to buyers for this batch if, during the period ending May 2024, the average monthly home price index falls below the figure of the month of when the purchase is made.
The index refers to the overall figure for selected popular developments in the New Territories, which is compiled and released by the Rating and Valuation Department.
If the index drops by 10 percent during the period, taking the cheapest unit in this price list as an example, SHKP will return HK$167,700 to the buyer who bought the flat for HK$3.35 million after discounts, though this is still less than the paper loss of HK$335,000.
If home prices do fall it will cost the developer HK$28.95 million at most under this new scheme, as the latest 93 flats are valued at HK$579 million in total after discounts.
Buyers can apply for the guarantee only once per property and must submit a written application before the end of October next year.
SHKP deputy managing director Victor Lui Ting anticipates that the new scheme linked to home prices can boost buyer's confidence in the local property market. He believes transactions next year will outperform this year and home prices will stabilize as the interest rate hike is expected to end.
The price list released yesterday features HK$13,288 per square foot on average after discounts, about 7 percent cheaper than the price list disclosed in June.
Of the 93 units there are three studios, 10 one-bedroom units, 52 two-bedroom units and 28 three-bedroom units, with prices ranging from HK$3.35 million to HK$8.93 million after discounts.
The subscription will start on Saturday and sales may come as early as next week.
Meanwhile, Emperor International (0163) released a new batch of 30 units at SouthSky in Aberdeen with an average per-square-foot price of HK$17,583 after discounts, up by nearly 3 percent from the last one.
KT Marina 1 in Kai Tak saw inquiries from mainland buyers rise, taking up about 40 percent, after the government relaxed the stamp duty targeting non-residents.
(The Standard)
Hong Kong property in double trouble after government rejects bids for Tung Chung site, deal flow in Oct at 7-year low
The Hong Kong government rejected all four tenders for a residential site, as they “did not meet the government’s reserve price for the site”
Hong Kong’s property transaction volumes in October fell to their lowest level since February 2016 and the annual tally for 2023 is likely to hit a 33-year low
Hong Kong’s residential property market was dealt a double blow after the government withdrew a residential site in Tung Chung owing to low bids even as property deals in October fell to a more than seven-year low, highlighting the difficulty that the sector is facing amid economic uncertainty and high interest rates.
Hong Kong’s property transactions are likely to hit a 33-year low this year with October property sales falling by 24.9 per cent to 2,925, according to one of the city’s largest property agencies.
Last month’s property deals, which include sales of flats, car parks, commercial and industrial units, were the lowest in terms of volumes since February 2016, while the total value of transactions struck a 10-month low at HK$30.14 billion (US$3.85 billion), a local property agency said.
“The downward trend is likely to persist with total property transactions for the full year of 2023 expected to plummet to a 33-year low, reaching around the 58,000 mark,” the property agency said in a statement. In the first 10 months of the year, 50,726 deals were registered. Last year, 59,619 property units changed hands, the lowest since records began in 1991.
The agency originally forecast property sales to hit the 60,000 level this year.
Hong Kong’s economy grew at a marginal rate of 0.1 per cent in the third quarter compared with the second quarter, according to advance estimates released by the Census and Statistics Department on Tuesday. On an annual basis, economic output expanded by 4.1 per cent.
High interest rates, which push up mortgage rates, had also risen to a 16-year high with the Hong Kong Monetary Authority (HKMA) raising rates for a cumulative 5.25 percentage points.
The US Federal Reserve is set to meet on Wednesday (US morning hours) to discuss policy rates and many analysts believe it is likely to pause its tightening campaign. The market will parse the Fed’s statements to gain insights about the future direction of interest rates.
The HKMA adjusts its rates based on the Fed’s decision, to keep the local currency’s peg to the US dollar.
The Hong Kong government rejected all four tenders for a residential site, located in Tung Chung and measuring 10,648 square metres, as they “did not meet the government’s reserve price for the site”. This is the fifth such withdrawal for the site which is expected to yield a maximum gross floor area of 37, 268 sq m once developed.
“The government will not sell a site if no bid reaches the reserve price as assessed by the government’s professional valuers,” a statement from the Lands Department said. “This is in the interest of protecting public revenue. The reserve price is set on the day of tender closure so that the latest market conditions are taken into account.”
The four tenders submitted for the parcel of land came from a joint venture of Sino Land and China Merchants Land, and from Henderson Land, Sun Hung Kai Properties and K. Wah International Holdings.
“Bids are influenced by a myriad of factors, such as how individual tenderers assess the market conditions and the attractiveness of the site, as well as their corporate positions and development strategies,” a government spokesman said. “The government will monitor the market situation closely and announce the arrangement to relaunch the land for disposal at an appropriate time.”
Although the bids are not public information, an analyst estimated the highest bid received for the Tung Chung plot to be around the HK$2,000 per sq foot level or even lower.
A surveyor said this estimate was based on market expectations of land values in the neighbourhood. Two government residential plots in Tung Chung were sold in 2010 and 2011 at accommodation values of HK$2,378 and HK$2,708 per sq ft respectively, the surveyor added.
The low bids for the plot could have been influenced by complicated conditions to build the residential project, according to an international property agency.
“The bidding price this round should be about HK$3,000 per square foot considering the complications and the developers’ low confidence level and that is much lower than the HK$3,776 per sq ft sold in the area by the MTR in 2022,” an agent said. “The government had to withdraw the tender to balance their future revenue.”
The surveyor said the reason for the low bid could be that the infrastructure around this newly reclaimed area was not up to the mark.
“The Tung Chung East MTR Station is scheduled to be completed in 2029, i.e. six years from today, and, the sewerage system capacity for this reclaimed area would likely limit the number of flats that could be built,” the surveyor said.
“Moreover, there are many upcoming residential projects from the government and the MTR Corporation in the Tung Chung area. In short, the payback period of development in Tung Chung is long and yet the potential capital gain is not rewarding.”
(South China Morning Post)