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Kerry Logistics hopes revised columbarium plan will sail through

...  in every square foot in a columbarium on average. We have adopted a low-density approach that there will be only 0.2 niches in every square foot of our columbarium," he said. Kerry Logistics unveiled ...More

EJ Insight2016-01-05

China tries to get migrant workers to buy unsold homes

... 1 billion square meters of vacant housing -- about 13 million homes or enough to house the population of Australia -- and the broader knock-on effect of any defaults by struggling property developers ...More

EJ Insight2016-01-04

Below average property leases, transactions widely seen in HK

... r the 814 square foot unit. The HK$18,000 rent translates into a per square foot price of HK$22.1, 35 percent below the average of HK$34 in the development. Whampoa has about 30 to 40 units for rent w ...More

EJ Insight2015-12-31

Residential landlords begin adjusting rents amid sluggish market

... $26.4 per square foot, which is about HK$2.6 lower than that seen in a comparable unit in Ma On Shan in New Territories. In another case, a unit at the popular Mei Foo Sun Chuen private housing estate ...More

EJ Insight2015-12-30

North Point flats find buyers but at hefty discounts

A three-bedroom seaview apartment in North Point has been sold for 20 percent less than the asking price. The buyer paid HK$13 million (US$1.68 million) for the 1,073 square foot flat in Provident Cen ...More

EJ Insight2015-12-29

TST landlords fear more vacant shops after big tenant ends lease

... ies 1,640 square feet across three adjacent units, is located at a prime spot right in front of boutique mall The One. The tenant has been renting the place since last summer. The landlord has lowered ...More

EJ Insight2015-12-29

More foreclosures seen amid property market correction

... dized 484 square foot apartment in Tuen Mun bought for HK$1.38 million in 2010 had been remortgaged 11 times before changing hands in November for HK$3.2 million, 6 percent below market prices. Charle ...More

EJ Insight2015-12-28

Pope urges help for Cuban migrants stranded in Central America

... . Peter's Square to tens of thousands of people, Francis said many of those stranded are victims of human trafficking. "I ask the countries of the region to generously resume efforts to find a quick s ...More

EJ Insight2015-12-28

[Hong Kong's Top Story 2015] Home Amongst the Lost Souls

... built and square-faced. The peculiar opacity of Park’s dark eyes is a statement to her private nature. But she opens up to you. And although the two of you speak little English, you use gestures and c ...More

EJ Insight2015-12-24

HK luxury flat sold for over US$76 mln, marking new Asia record

A luxury duplex apartment in Hong Kong's upscale Mid-levels area is believed to have been sold for HK$594 million (US$76.6 million), or HK$103,600 per square foot, marking a new record in Asia. The tr ...More

EJ Insight2015-12-24

Restaurant seeks to privatize public deck at Star Ferry terminal

The operator of the Watermark restaurant at the Star Ferry pier in Central, has filed an application to privatize a 1,700 square foot public space and convert it into an al fresco dining area, Apple D ...More

EJ Insight2015-12-23

Esprit just made a lot of money? Look again

... nterprise Square in Kowloon Bay -- to Phoenix Property Investors for HK$918 million. The buyer plans to lease the space back to Esprit for HK$2.43 million a month. That's equivalent to a gross yield o ...More

EJ Insight2015-12-22

Dozens still missing after Shenzhen landslide

... a 380,000-square-meter area in silt 10 meters deep, Shenzhen deputy mayor Liu Qingsheng said. It buried or damaged buildings belonging to 15 companies in three industrial parks. On Monday, 2,000 rescu ...More

EJ Insight2015-12-22

Why Hong Kong is an ideal home for startups targeting Asia

... of 75,000 square feet of co-working space, with another two phases coming on stream next year. Chief operating officer Mark Clift is the key man behind the initiative. Since the beginning, Clift has k ...More

EJ Insight2015-12-22

91 missing as massive landslide crushes Shenzhen buildings

... s 100,000 square meters. That would give it a volume of 600,000 cubic meters, about the combined capacity of 240 standard swimming pools. Staff from the city’s fire department and rescue teams, who we ...More

EJ Insight2015-12-21

Human impact on nature can be worse than radiation

... rly 2,200-square-kilometer sector of the exclusion zone in Belarus called the "Polessye State Radioecological Reserve". Before the disaster, this area was home to 22,000 people in 92 villages, and the ...More

EJ Insight2015-12-21

Seasons Bleatings

...  where we square the circle of the current season, Marx’s words are remarkably similar to the New Testament’s Acts of the Apostles, which portray the lives of Christians in Jerusalem as being ruled by ...More

EJ Insight2015-12-19

How a sportswear retailer handles fewer mainland customers

... The 7,000 square foot Nike Running outlet sits next to the head office of Hang Seng Bank. The two-storey shop used to be occupied by Cartier but the luxury watch company decided not to renew the lease ...More

EJ Insight2015-12-18

China conducts war games in South China Sea

...  thousand square kilometers" of waters somewhere in the South China Sea. The forces were split into two teams, red and blue, as military commanders threw various scenarios at them, including an accide ...More

EJ Insight2015-12-18

Fake LV, Chanel goods worth HK$1 million seized in Admiralty

... t the 300-square-foot store has a storeroom with an area of around 90 square feet behind the cashier. Different counterfeit products, including handbags, purses, clothes, shoes and sunglasses, were d ...More

EJ Insight2015-12-18

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