疫市下甲廈備受壓力，成交量於低位徘徊。據代理行指出，50大甲廈今年8月僅錄11宗買賣，屬按月橫行，惟成交樓面則按月急挫6成，當中傳統核心區更錄「零成交」，反映市況疲弱。
綜合該代理行數據顯示，今年8月五十大指標甲廈合共僅錄11宗買賣，與7月成交量相若，仍然處於低水平，而按月表現則持平其中，港島區甲廈只錄得1宗買賣，港島核心區 (包括中環、上環、金鐘、灣仔等) 更未錄成交，表現冰封，市場繼續由新界及九龍區支撐交投，最新成交面積僅3.09萬平方呎，按月下跌約60%，反映上月交投以細單位、細銀碼物業佔主導。
屬按月橫行
若以地區劃分，八月份的成交量主要集中於九龍及新界，期內分別各佔6宗及4宗，其中沙田京瑞廣場合共錄3宗買賣，屬八月份表現最好的大廈，而尖東新東海商業中心亦錄2宗交投。至於港島區只錄1宗，涉及黃竹坑環匯廣場。
核心區錄「零成交」
該行代理表示，近期股市表現波動，加上中港通關仍然未有進展，寫字樓交投步伐轉趨緩慢，而物業價值較高的港島核心區甲廈，交投更因而冰封；反觀新界及九龍區寫字樓物業由於物業銀碼較低，呎價相對顯得低水，因而仍然受到部分市場人士追捧。
(星島日報)
更多新東海商業中心寫字樓出售樓盤資訊請參閱：新東海商業中心寫字樓出售
更多尖沙咀區甲級寫字樓出售樓盤資訊請參閱：尖沙咀區甲級寫字樓出售
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
海港中心相連海景戶 意向價1.43億
灣仔海港中心中高層相連海景單位推出市場放售，意向價約1.43億元，平均呎價約3.68萬元。
代理表示，位於灣仔港灣道25號海港中心中高層04至05室，面積約3,886平方呎，意向呎價約3.68萬元，涉及總額約1.43億元，現已交吉。
該代理續指，單位亦正招租中，意向呎租約70元，月租約27.2萬元，租客可即享單位豪華裝修及怡人景觀，屬市場上質素上乘的核心區甲級商廈盤源。
業主於今年5月份斥資逾1.03億元購入項目，有感近月商廈市況漸升溫，遂將物業放售。
(經濟日報)
更多海港中心寫字樓出售樓盤資訊請參閱：海港中心寫字樓出售
更多灣仔區甲級寫字樓出售樓盤資訊請參閱：灣仔區甲級寫字樓出售
騏生商業中心全層5800萬沽 持貨六年平手離場
受疫情重擊，商廈市場陰霾密布。尖沙嘴騏生商業中心中層全層以5800萬易手，呎價約1.4萬，屬市價水平，原業主持貨6年平手離場，惟計及印花稅等開支，料實蝕約600萬離場。
據土地註冊處資料顯示，尖沙嘴騏生商業中心中層全層於上月中以5800萬售出，買家以公司名義滙福控股有限公司 (UNION LUCK GROUP HOLDINGS LIMITED) 登記，註冊董事莫誠峰等人，與一名澳門馬主同名同姓，原業主於2015年以5800萬購入，持貨6年平手離場。
料實蝕約600萬離場
據代理指出，上址面積4140方呎，以易手價計，呎價約14010元，屬市價水平，若計及佣金、印花稅等開支，料原業主實蝕約600萬離場。
代理行資料顯示，該商廈近期成交於今年8月錄得，為中層全層，面積4140方呎，以5796萬售出，呎價約1.4萬；另一成交為中層全層，於今年4月以6250萬售出，以面積4140方呎計，呎價約15097元。
此外，同區商廈棉登大廈亦錄承接，該商廈低層單位，面積1472方呎，以約1600萬售出，呎價約10870元；市場消息指出，旺角信和中心低層03室，面積908方呎，以962.48萬售出，呎價約1.06萬。
(星島日報)
更多騏生商業中心寫字樓出售樓盤資訊請參閱：騏生商業中心寫字樓出售
更多尖沙咀區甲級寫字樓出售樓盤資訊請參閱：尖沙咀區甲級寫字樓出售
新創建13.7億購母企長沙灣甲廈
新創建 (00659) 公布，以13.67億元向母公司新世界發展 (00017)購入長沙灣甲級寫字樓樓花荔枝角道888號18樓至21樓共4層，總樓面面積96744方呎，呎價約14130元。每層物業的買方，可以每個停車位不高於150萬元的價格購買最多9個停車位的優先認購權，以及享有賣方提供的租務優惠。當中，新創建間接全資附屬公司富通保險佔19樓及20樓兩層，涉資6.79億元，總樓面面積47712方呎。
(信報)
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
西九商業樓面供應足 達515萬呎
西九龍一帶將會有不少商業樓面供應，當中新地 (00016) 西九高鐵站商業地早前獲城規會批准涉及約316.5萬平方呎，連同西九文化區的兩幅商業及展覽用地，將有逾515萬平方呎樓面推出。
位於港鐵九龍站的西九一帶現時以豪宅區為主，比較大規模的商業項目，屬於九龍站上蓋的環球貿易廣場 (ICC)，總樓面達282.2萬平方呎，不過隨着西九高鐵站上蓋項目批出，連同旁邊的西九文化區亦會有不少商業項目支援文化區的財政營運，區內商業氣氛將會陸續成形。
高鐵站上蓋 增9成零售樓面
短中期內最快推出料為新地在2019年，以422億元投得的西九站上蓋商業地王，發展商去年便向城規會提交新構思的規劃方案，要求放寬高度限制，以興建兩幢較高的大型商廈。按照規劃方案，項目寫字樓樓面減少1成至256.2萬平方呎，並將商場零售樓面增加9成至約60萬平方呎外，還申請放寬高度限制3至4成，以興建兩幢19層至30層高「鑽石型」商廈，取代原本3幢商廈。
如果以建築高度 (主水平基準以上) 計算，由原本114米至159米，修訂為101米至148米高，其中在較近擎天半島的1A座高度由原本159米降低至118米，減少26%，而近漾日居的2B座則由114米減少至101米，減少11%。
新地在2019年11月投得高鐵站上蓋用地後，同年12月引入大股東郭氏家族，再於去年4月把部分股權售予平保旗下平安人壽，新地將持有該用地寫字樓部分50%業權、平安人壽持30%、郭氏家族佔20%，商場部分則由新地全資擁有。
西隧口ACE項目 建展覽中心
另外，西九文化區管理局亦陸續推出區內的商業用地，其中位於西隧出口上方的ACE項目，原本在去年已經展開招標，但因為疫情下經濟環境轉差，故此煞停招標。
項目總樓面約145萬平方呎，計劃在故宮博物館的北面興建一個50萬平方呎的展覽中心，以及在西隧上方興建一個U形的酒店及辦公室，涉及87.3萬平方呎樓面，及7.4萬平方呎的零售及餐飲樓面。
同時，西九文化區第31及34號用地，亦在今年6月獲屋宇署批出建築圖則，將會建2幢18層高商廈，作為寫字樓及零售等用途，涉及樓面約53.43萬平方呎，當中最高3層將會相連。
(經濟日報)
更多環球貿易廣場寫字樓出租樓盤資訊請參閱：環球貿易廣場寫字樓出租
更多尖沙咀區甲級寫字樓出租樓盤資訊請參閱：尖沙咀區甲級寫字樓出租
強拍申請較去年同期跌六成 首八個月僅九宗 叫價強硬減慢收購
整體樓市氣氛急劇升溫，樓價出現反彈迹象，連帶發展商舊樓併購活動亦大受影響。今年迄今土地審裁處僅接獲9宗強拍申請個案，對比去年同期的22宗，大減13宗或59%，更創18年後按年同期新低。有業內人士指出，在樓價穩步上揚的情況下，部分舊樓業主叫價企硬，故影響財團的併購進度。
近期樓市回升，不少業主不願平價賣樓，更影響發展商收購舊樓進度；據本報統計今年迄今土地審裁處僅接獲9宗強拍申請個案，對比去年同期的22宗，按年同期大幅減少13宗，跌幅高達約59%，而今年首8個月強拍申請數字更創2018年同期接獲19宗強拍申請後的近4年新低紀錄。
事實上，今年迄今9宗強拍申請當中有4宗申請於第1季度錄得，其後2季分別各有兩宗申請，而今季則暫錄1宗申請；若以區域劃分，有5宗分別來自九龍區，包括何文田、九龍城、太子、深水埗及佐敦。
另外兩宗均來自西營盤，以單一地區計佔最多，餘下來自北角及銅鑼灣各有1宗申請。
創18年後同期新低
上述9宗申請強拍的項目規模及估值相對較細，據申請文件顯示，市場估值介乎約7885.3萬至逾7億；其中估值金額最低為今年3月、裕泰興羅氏家族成員羅守弘及相關人士，申請強拍的西營盤皇后大道西381及383號，當時估值約7885.33萬。
至於估值金額最高為上月申請強拍的北角馬寶道77至87號康樂大廈，當時估值約7.0399億，申請人為卓越兆業有限公司 (Excellent Group Inc Limited)，公司董事包括澳門商人羅盛宗等。
發展規模相對較細
值得留意的是，去年同期的22宗強拍申請，並不乏大型發展商蹤影，如恒基、嘉里、新世界及相關人士等，惟今年迄今參與申請舊樓強拍大型發展商僅有恒基，其餘均為中小型財團為主。
有協助財團收購舊樓的人士透露，在本港經濟漸復甦及失業率下跌情況下，帶動樓價穩步上揚，舊樓業主亦不願平價賣樓，影響財團的併購進度；加上在疫情影響下，小業主難以舉行業主大會，耽誤強拍進程，料今年全年僅有12至15宗強拍申請，對比去年全年的35宗、最多減少近66%。
料今年僅12至15宗申請
有測量師認為，併購舊樓面對的較大阻力，往往因樓價回升，不少舊樓業主售意欲較低，部分業主更反價，令財團難以集齊八成或以上業權，以符合達強拍門檻。再者在樓市回升情況下，法庭批出的舊樓強制售賣令底價亦會過高，不排除有財團因而放慢併購步伐，以靜待後市發展。
另一測量師指出，近年政府土地供應短缺，吸引不少發展商加入併購舊樓行列，而且市區優質地段的舊樓群，在樓價大升的情況之下，部分業主面對財團收購時往往亦會提高叫價，並不會低價賣樓，拖慢財團收購進度，故影響申請強拍數字。
(星島日報)
Checks flood in as Henley sales start set
Henderson Land Development (0012) announced the first round of sales of The Henley III in Kai Tak will offer 100 units ahead of the launch of its third price list.
The sale will be on Saturday and will provide 38 studio, 50 one-bedroom, eight two-bedroom and four three-room flats, with sellable areas ranging from 238 sq ft to 778 sq ft.
The discounted prices are between HK$6.25 million and HK$24.99 million.
The project has received 534 checks by 2pm yesterday, meaning a fourfold oversubscription, said Thomas Lam Tat-man, sales executive.
La Marina, on top of Wong Chuk Hang MTR station, will put 200 units on the market the same day. Besides the 188 units in the first two price lists, 12 four-bedroom units will be sold via tender.
Codeveloped by Kerry Properties (0683), Sino Land (0083) and MTR Corp (0066), it was oversubscribed 13 times, bringing in over 2,600 checks by yesterday.
That came as luxury rents rose 1.4 percent in the second quarter after a 16 percent decline from the third quarter of 2019 to the first quarter of 2021, property agent said.
Mid-Levels saw the highest rental growth, 2 percent, among major sub-markets, largely on the back of limited availability. Tenants took advantage of lower rents to upgrade, agent said.
Meanwhile, NWS (0659) will spend HK$1.3 billion buying four properties from parent New World Development (0017). They are office units inside NWD's 888 Lai Chi Kok Road project.
Sino Land (0083) and Tsim Sha Tsui Properties (0247) said their joint venture won the tender for a commercial and residential site in Singapore with a bid price of S$1.028 billion (HK$5.95 billion). The site covers an area of 32,185 square meters, which offers a total gross floor area of 96,555 square meters.
(The Standard)
For more information of Office for Sale at 888 Lai Chi Kok Road please visit: Office for Sale at 888 Lai Chi Kok Road
For more information of Grade A Office for Sale in Cheung Sha Wan please visit: Grade A Office for Sale in Cheung Sha Wan
Security tokens will boost multibillion dollar Asia-Pacific investment property sector, market players say
Property agent expect that the use of security tokens to rise rapidly and boost liquidity
Initial adoption will be from income generating properties and development projects: digital asset exchange HKbitEX
The multibillion dollar Asia-Pacific investment property market could be boosted by the use of security tokens, which could allow individual professional investors to take part in large-scale projects with entry tickets prices possibly as low as HK$1,000 (US$128.41).
These tokens – typically asset-backed digital representations of ownership or other economic rights in an underlying asset – will allow individual professional investors to take part in large-scale projects. They will also let developers and asset owners raise funds without fully disposing of their projects, according to market players.
“While we expect investment property transaction volumes across Asia-Pacific should rebound strongly in 2021, we expect the use of security tokens to rise rapidly and boost liquidity,” property agent said. The volume of such transactions amounted to US$184 billion last year, according to analyst.
Security tokens are tokenised digital securities created through security token offerings (STOs) and are traded using the blockchain distributed ledger technology. For issuers, STOs provide an alternative fundraising channel that offers greater efficiency, lower costs and a broader base of potential investors, according to the first edition of a real estate STO white paper series jointly published by accounting firm Deloitte, digital asset exchange HKbitEX, property agency and law firm Sidley Austin.
For investors, STOs offer access to a new world of previously inaccessible investment opportunities by offering fractionalised interest, secondary market liquidity and information transparency.
Currently, less than 1 per cent of transactions in Asia are leveraging STOs, according to HKbitEX. There have been no use cases in Hong Kong yet.
“We anticipate accelerated growth in STO transactions over the next three years, with real estate financing participants being among the first to embrace [these offerings],” said Gao Han, the founder and CEO of HKbitEX.
AspenCoin, for example, raised US$18 million through an STO in the United States in 2018. These security tokens represented the fractional equity ownership of The St. Regis Aspen Resort, a 179-room luxury hotel in Colorado. The price per token was US$1 with a minimum investment hurdle of US$10,000. The total offering represented an 18.9 per cent non-voting equity stake in the property.
“Initial adoption will be from income generating properties and development projects, as these are straightforward and the values are easy to understand from an investors’ perspective,” said Ken Lo, co-founder and chief strategy officer at HKbitEX.
Investors will be able to exit through a secondary market, as the tokens can be traded easily and efficiently over the counter or on an exchange, according to the white paper series. The general minimum entry ticket could range from HK$1,000 to HK$10,000, said Lo. The exchange is working on getting a license from the Securities and Futures Commission (SFC) for such tokens, which it hopes to acquire over the next two years, he added.
According to the SFC, these security tokens are complex financial products offered to professional investors with a portfolio, including money and securities, of at least HK$8 million or its equivalent in any foreign currency.
STOs will help ease “shortcomings and restraints” in the real estate industry, said Raymond Wong, senior general manager of sales at Henderson Land Development. These shortcomings and restraints include high development costs, high construction costs, high price of investment in properties or homes, and lengthy and complicated procedures, he added.
(South China Morning Post)
DJI’s Causeway Bay store likely to be split into smaller units as landlord may struggle to find tenants for massive space
Phoenix Property has a better chance of finding tenants by splitting the space occupied by DJI across three levels at Tower 535 into multiple units, market observers say
Billionaire Francis Choi Chee Ming’s Early Light Group has still not found tenants for nearly 20,000 sq ft of space in Plaza 2000 vacated by Prada in June 2020
The landlord of a massive space vacated by DJI in Hong Kong’s popular shopping district of Causeway Bay is unlikely to find a single tenant amid the shift in the city’s retail landscape, but dividing it into smaller units can improve its chances several fold, said market observers.
DJI, the world’s largest maker of recreational drones, occupied some 10,318 sq ft spread over three levels at Tower 535 on Jaffe Road, owned by private equity real estate investment group Phoenix Property Investors. Together with two other vacant shops on the ground and first floors, some 18,784 sq ft of space is available for lease.
The first floor has an asking price of HK$150 per square foot (US$19) and HK$50 per square foot for the second floor space, they said.
Some other landlords with similar floor plates in the area once occupied by sole tenants have struggled to find takers despite agreeing to bring down rents sharply and split them into small units to accommodate the needs of different retailers.
“From the latest market sentiment, [the space] will probably take three to four months [to lease] with a reasonable market rental level and flexible layout,” property agent said. The agent added that a smaller floor plate, especially a single-floor format, that can accommodate the different requirements of tenants would make it easier to lease the space.
Phoenix did not reply to an email requesting comment on the plans for the vacant space.
DJI closed its two-storey flagship store on August 16, citing the need to reflect on “the company’s and market’s evolving needs”. It marked one of the more recent withdrawals of retailers in Causeway Bay, which was once the world’s most expensive shopping district with the top average rent, as retail sales in Hong Kong took a beating following the street protests of 2019 and the coronavirus pandemic lockdowns that followed last year. Affordable fashion retailer Forever 21 and lingerie giant
Victoria’s Secret were among the brands that initially abandoned their Causeway Bay locations and then eventually exited the city altogether.
While details of DJI’s lease are not available, spaces on Jaffe Road were leased for HK$212 to HK$422 per sq ft in 2016, the same year the company opened its store, according to information posted on a property agency’s website.
“The Hong Kong retail landscape has changed over the past few years, from retailers targeting prominent locations for big flagship stores to what is now regular sized boutiques,” property agent said.
Causeway Bay, in particular, has seen a shift in retail offerings. Supermarkets, fast fashion and restaurants are taking over spaces from traditional luxury brands in the trendy shopping district. Recently hamburger joint
Five Guys took up 6,700 sq ft on Russell Street that was formerly occupied by cosmetics retailer Sa Sa.
However, 20,000 sq ft at Plaza 2000 next door, formerly occupied by Italian fashion brand Prada, has found no takers despite the generous offer of landlord Early Light Group, owned by billionaire
Francis Choi Chee Ming, to cut rents steeply. The owner’s move to subdivide the space spread over four levels into multiple units has still not borne fruit.
The landlord was willing to lease 5,042 sq ft on the second floor for about HK$61 per sq ft in March, the Post reported.
“Since the border is closed due to Covid-19, both landlords and retailers have realised the importance of maintaining a good balance of local and tourist consumption in their portfolio,” agent said. “Local consumption is the foundation for stable sales, while tourist consumption is the icing on top, especially during economic growth.”
Most market observers expect F&B operators to lease the Tower 535 space as they are driving deals in Causeway, but they are not ruling out other categories such as supermarket operators.
In Causeway Bay, “the F&B sector is still and will be the major leasing momentum,” agent said.
(South China Morning Post)
For more information of Office for Lease at Tower 535 please visit: Office for Lease at Tower 535
For more information of Office for Lease at Plaza 2000 please visit: Office for Lease at Plaza 2000
For more information of Grade A Office for Lease in Causeway Bay please visit: Grade A Office for Lease in Causeway Bay
