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Singapore retail rents increased in the third quarter of this year, according to Urban Redevelopment Authority. Figures published by The Straits Times show the rental rates increased by 2.3 percent, overturning a fall of 1.5 percent during the previous…
Saigon retail rents are rising with space in the CBD hitting an average of US$135.50 per square meter in the third quarter, up by 5.8 percent year-on-year. According to a report by real-estate company CBRE, the average monthly rents outside the CBD were only…
Hong Kong beauty retailer Sa Sa is in discussion with landlords over rent reductions and will reduce staff as it tries to address falling sales. In a profit warning, Sa Sa chairman and CEO Simon Kwok said August was its weakest month, with sales down by 32…
Hong Kong’s retail leasing market is showing signs of slowing in tandem with easing retail sales. According to real estate advisor Savills says shopping-mall rents changed little in the second quarter, while prime streetfront retail rents fell by 1.9 per…
India will take on more than 65 million sqft of new mall space by the end of 2022, according to a new report from real estate services firm Anarock. The report shows the region’s top seven cities will account for 72 percent of the new mall space, while tier 2…
High-end US restaurant Lawry’s The Prime Rib, will pay 80 per cent less rent for its new location than the previous tenant who vacated the premises three years ago. The leased 6500sqft venue is located on the third floor of The Galleria in Central on the…
Singapore’s first peer-to-peer on-demand rental marketplace MyRent has launched. The site allows Singaporeans to rent items including photographic and sporting equipment, seasonal apparel and video games. After a beta trial, it already has more than 2000…
MyRent, Singapore’s first peer-to-peer on-demand rental marketplace, has formally launched. MyRent allows Singaporeans to rent items including photography and sporting equipment to seasonal apparel and video games. For Singaporean consumers, you can now, for…
Starting June, customers of South Korean GS25 convenience stores will be able to charge shared electric bicycles or kickboards. GS25 announced on Wednesday that it will set up an electric bicycle and kickboard charging service facility at its stores in…
Bonjour Holdings sales fell 7.3 per cent last year as the health and beauty products retailer reorganised its store network. The company reported a loss attributable to shareholders of HK$39.6 million (US$5 million), which was a significant improvement on the…
Haven’t seen Lady Gaga and Bradley Cooper yet in A Star is Born? Google will let you rent it for only 99 cents from the Google Play Store. Android users are receiving a notification today about a special offer allowing them to pick one movie to rent from the…
A picture may be worth a thousand words, but in terms of actual dollars, it could be worth many times that, once you consider the cost of all but the most entry-level DSLR cameras, lenses and other accessories. But now, a hefty price tag need not be an…
Hanoi offered the highest grade A office rental yield in the world last year — 8.57 percent, a Savills report said. This was the third straight year the Vietnamese capital ranked top, according to the British property consultancy, which used data from the…
Central, Hong Kong’s frenetic business and retail heart, crammed with skyscrapers, swanky malls and luxury hotels, is the most expensive district for renting office around the world. Although the office rent in Hong Kong’s Central district is already the…
Hong Kong retail rents will recover more quickly in Kowloon than on Hong Kong Island according to projections by Colliers analyst Melanie Kotschenreuther. Kotschenreuther predicts high-street Kowloon retail rents will rise 5 per cent in Mong Kok this year and…
Again accused of failing to keep abreast of rent payments, Hooters Hong Kong is facing legal action and eviction from its Wyndham Street premises in Central. A writ filed by landlord Dor Fook last week says the American restaurant chain has failed to pay…
