How Bad Are Hk Real Estate Prices? A Parking Space Just Sold For Hkd5.18 Million

Posted: 06.26.2017
Its property prices are famously sky-high but now a Hong Kong parking space has been sold for an eye-watering HKD5.18 million (USD664,200) in what local reports said was a world record.

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Hong Kong bike-sharing market accelerates

Posted: 06.26.2017
Competition is heating up in Hong Kong’s bike-sharing industry as more operators are riding into the nascent market with fresh ideas and business models. Local firm Cleantech Solutions plans to develop a platform allowing users to rent bikes from multiple providers, while HobaBike, which launched on Sunday, aims to analyse user data and develop other value-added services.

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Top architect Norman Foster transforms Hong Kong’s colonial-era Murray Building into five-star hotel

Posted: 06.26.2017
Close to the Bank of China Tower, the US embassy and Hong Kong Park, the building used to house various government ­departments. Duncan Palmer, managing director of The Murray, the new hotel, said it was important to ­engage the original architect, Ron Philips, who designed the building in the late 1960s for the colonial government.

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