The Demand of the Grade A office excesses supply in Hong Kong, and the demand from Mainland China is still increasing. In 2009, Mainland China tenants contribute 9% of Central District office rental market, and raised to 14% in 2010.
There will be 1 million sq.ft new commercial land in East Kowloon, the district becomes the second large market of Grade A office, and it already attracted a lot of tenants to move in from HK Island and West Kowloon.
Additional stamp duty does not apply on Commercial Buildings, which is an advantage on short-term investment.
For novice, it is suggested them to invest in Grade B Office, the price range from 5M to 6M HK dollars. The price on the growth speed of Grade B Office is still lag behind from Grade A office.
The loan-to-value ratios is around 50 per cent for Commercial Building in Hong Kong.
Retail Shops
Before buying a shop, it is suggested to check the lease from The Land Registry. A long-term tenant is safe as the rental income is guaranteed. If the tenant move-out soon, you may risking in no rental income.
To observe the streams of the people walked, the path linked to MTR station is highly recommended. Also always notice the urban planning by the Government.
To check if there were any unauthorized building works, which could cause the rescission of contract.
To check if there were any particular usage of the shops.
The price range of shops in Hong Kong is wide, which from around 3 million to 100 million.
Industrial Buildings
The Demand of the Grade A office excesses supply in Hong Kong, and the demand from Mainland China is still increasing. In 2009, Mainland China tenants contribute 9% of Central District office rental market, and raised to 14% in 2010.
There will be 1 million sq.ft new commercial land in East Kowloon, the district becomes the second large market of Grade A office, and it already attracted a lot of tenants to move in from HK Island and West Kowloon.
Additional stamp duty does not apply on Commercial Buildings, which is an advantage on short-term investment.
For novice, it is suggested them to invest in Grade B Office, the price range from 5M to 6M HK dollars. The price on the growth speed of Grade B Office is still lag behind from Grade A office.
The loan-to-value ratios is around 50 per cent for Commercial Building in Hong Kong.
