BUSINESSSCMP WORLD
Cheung Kong Center II tests higher rents amid rebound in Central office market
Cheung Kong Center II is testing office rents above HK$100 per square foot, signaling a rebound in Hong Kong's Central office market. The 41-storey tower, developed by CK Asset Holdings, is closing the gap with the area's most in-demand office buildings.
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- CK Asset sells penthouse in Hong Kong’s Mid-Levels for US$48.5m, sets pricing benchmark
- Hong Kong’s office market: Central booms, but noncore areas struggle
- Rare 6-month office flip suggests Hong Kong’s prime market is stabilising
- Hong Kong developers rediscover pricing power amid firmer demand
- Hong Kong developers rediscover pricing power amid firmer demand