〈The Standard, July 18, 2025〉The Hong Kong government has launched an open tender for a 4,810-square-metre commercial site above Kai Tak MTR Station, the last remaining parcel within the station plaza area.
Offered under a short-term tenancy of seven years with quarterly renewal options thereafter, the site is designated for retail, dining, entertainment, and event-friendly public open space.
The tenancy is expected to commence in mid-2026.
〈Hong Kong Business, July 17, 2025〉The lands Department posted land resumption notices to resume urban land renewal projects at Nga Tsin Wai Road/Carpenter Road in Kowloon City.
A total of 1,009 property interests will be resumed, with the affected interests reverting to the government on 18 October.
The 37,061 square metres project site will be redeveloped for residential use with commercial facilities, diversified space, underground parking, and loading and unloading facilities.
〈Asian Post, July 16, 2025〉Hong Kong office rents have decreased by 34% since 2019, which Knight Frank noted makes it attractive for firms looking to set up their regional headquarters in the city.
Premium office rents in Hong Kong also narrowed sharply to 24% from 105% in the fourth quarter of 2019.
This reduced gap creates attractive cost savings for companies looking to establish regional headquarters in Hong Kong, Knight Frank said.
〈Hong kong Business, July 15, 2025〉A total land premium of $102.652m, including 11 lease modifications and three land exchanges, were recorded in Q2, said the Lands Department on Tuesday.
Of all the land transactions, five of them were technical changes involving no premium, two were recorded in Hong Kong Island, eight in Kowloon and four in New Territories.
There were no private treaty grants and lot extensions registered during the quarter.
〈RTHK News, July 14, 2025〉China's gross domestic product grew 5.3 percent year on year in the first half of 2025, data from the National Bureau of Statistics (NBS) showed on Tuesday.
For the second quarter of the year, GDP expanded 5.2 percent.
Retail sales of consumer goods, a major indicator of consumption strength, expanded 5 percent year on year in the first half, while fixed-asset investment rose 2.8 percent.
The nation's surveyed urban unemployment rate on average stood at 5.2 percent, while the per capita disposable income went up 5.3 percent in nominal terms.
