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The International Monetary Fund said homes in Hong Kong are overvalued, but ruled out a crash in prices despite expected hikes in interest rates, saying demand remains high and supply limited.
Forever 21 is retreating from its Causeway Bay flagship store next August after its lease ends, with American lingerie chain Victoria's Secret rumored to be taking over the prime location.
The Standard Chartered Bank rented the entire 9/F, Standard Chartered Bank Building, Central, with an area of around 7,500 sq ft, and has decided to move out and put it up for lease earlier.
Development firms in Hong Kong are seeking to unload their recent land purchases quicker, signifying that home price growth could slow down.
PropGOLuxury.com would like to wish you a very MERRY CHRISTMAS and to a sensational 2018!
Li Ka-shing's CK Asset Holdings has sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion.