〈The Standard, Nov 22 , 2025〉Henderson Land Development (0012) has dubbed its new phase of the Midtown South project in Hung Hom "CHESTER", offering 241 flats.
$50 It is expected to go on sale as early as next month and upload the sale brochures within the next one to two weeks. The new phase contains one- to four-bedroom units, dominated by two-bedroom units, which account for over 40 percent of the total.
〈The Standard, Nov 21, 2025〉Hong Kong’s status as a supply chain ‘superconnector’ has been reaffirmed by a new US-Hong Kong research initiative commissioned by the Hong Kong Trade Development Council.
The study said this is largely driven by Mainland enterprises proactively diversifying their supply chains and leveraging the city as their supply chain management centre.
Despite global tensions, many US companies remain engaged with China due to the concentration of suppliers in regions such as the Greater Bay Area.
HKTDC Director of Research Irina Fan noted that recent US-China trade agreements and tariffs put China-based suppliers on a par with many Southeast Asia counterparts.
〈The Standard, Nov 20, 2025〉CK Asset (1113) filed lawsuits against at least eight buyers who defaulted on their purchases at two developments for around HK$17.65 million amid the recovery of the property market, according to local media.
Involving El Futuro in Sha Tin and #LYOS in Yuen Long, the developer sought to recover resale losses on these new projects, among which three El Futuro defendants have been declared bankrupt for failing to clear their payments, the report said. The five El Futuro buyers’ purchasing prices ranged from nearly HK$12.89 million to HK$27.6 million, while the three #LYOS buyers cost about HK$4.45 million to HK$7.33 million.
〈Asia Post, Nov 19, 2025〉Tsim Sha Tsui remains the fourth most expensive shopping street in the world and the most expensive in the Asia-Pacific region, according to a report from Cushman & Wakefield.
The district recorded prime retail rents of US$1,515 per square foot per year, a 6% decrease YoY in local currency terms.
Globally, London’s New Bond Street led the rankings for the first time with rents at US$2,231 psf/year, up 22%. Milan’s Via Montenapoleone followed at US$2,179, flat compared to the previous year, whilst New York’s Upper Fifth Avenue ranked third at US$2,000, also unchanged
〈RTHK News, Nov 18,2025〉The government on Friday said its plan to set up a "platform company" along the lines of the one set up to oversee Science Park to develop San Tin Technopole would offer flexibility to the market.
Permanent Secretary for Innovation, Technology and Industry Kevin Choi told an RTHK radio programme that the arrangement, aimed at enabling the market and government to work together, would expedite the 210-hectare technology hub mega project.
He said the administration would only wholly own the first tier of the company to ensure that major decisions are in line with its objectives as it had no wish to go with the usual practice of leasing a spot to others upon finishing construction.
