The cost of land must be reduced within a carefully planned framework to be attractive but not hurt the existing market. To draw tech game-changers, a business park model would be a good option.
Hong Kong must quickly find the land needed for I&T development, provide affordable housing to draw talent and offer attractive property concessions like in Singapore and Shenzhen.
Should property investors be worried about the pace and frequency of rate increase in the US? The link between local interest rates and asset valuation is not well-established.
Over the last few months, the volume of transactions for commercial real estate in extended reality has ramped up. These digital landscapes will grow into a fully functioning economy in a few short years and offer a synchronous digital experience integrated into our lives as social media is today.
A sudden hush seems to have befallen the market for data centres in Hong Kong. The cause is a misperception that the market is facing a surge in supply over the next few years.
The current pandemic has increased demand for data services. The closure of schools, work-from-home policies and social distancing are placing a greater demand on web-based platforms that support online meetings and classes.