Vietnam 

European co-working space opens in Hà Nội – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A working corner at SPACES in Hà Nội. — VNS Photo Phương Thảo HÀ NỘI — Dutch workspace firm SPACES launched its first co-working space in Hà Nội early this week. SPACES is located at the Belvedere Centre on Trần Hưng Đạo Street. Members can use offices, meeting rooms and co-working areas, all with natural lighting and temperature control. Every room has high-speed Wi-Fi and is furnished in a European style. This European firm is run by  International Workplace Group (IWG). Speaking at the launching ceremony, IWG vice president of…

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Home 

Quality retail space is the new frontier as consumers look beyond the online sales experience

What are the opportunities for bricks-and-mortar stores in a digital era? The answers may be inaesthetic retail space where people can wander and interact with others.The retail market in Hong Kong has undergone numerous stages in the past five years. Itpeaked in 2013/14, where rents in core districts such as Causeway Bay’s Russell Streetsurpassing thousands per square foot.Then it was the downturn from 2015 to 2017 when government introduced measures to curb travellers from mainland China,… Source link

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Home 

The Executive Centre finds a market with in-house baristas, plush sofas in the luxury niche of Hong Kong’s co-working space

Office space operator The Executive Centre (TEC) believes that it has found a market in the luxury niche of Hong Kong’s growing number of co-working space operators, as a strategy to survive the overcrowded market. “I think of [the co-working sector] as the economy class of a flight,” said TEC’s chairman and chief executive Paul Salnikow. “We create locations across Asia where multinationals can settle in.” Multinational firms (MNCs), which make up 76 per cent of clients, stay with TEC for 36… Source link

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Property 

Hong Kong co-working space too crowded, some operators may pull back in 2019, Savills says

Hong Kong has too many co-working spaces following rapid expansion in the sector, and some operators will withdraw from what has become a highly competitive market, industry analysts say.“There were too many operators coming to the city, all of a sudden,” said Ricky Lau, deputy managing director and head of office leasing at Savills Hong Kong.The global real estate services company believes 2019 will witness some pull back from the co-working concept. “It is still a bit too fast for Hong Kong,… Source link

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Property 

Demand for office space in Hong Kong cools by the most in five months, but rents edge higher

New office lease activity in Hong Kong dropped by nearly a third in March – the most in five months – amid softening demand from mainland Chinese companies, JLL’s latest report showed.The 30 per cent drop in office lettings pushed up the overall available space to 95,700 square feet or 4.8 per cent, up from 4.7 per cent recorded in February.“If we are talking about month on month basis, it is the biggest drop since November 2018 when it dropped 55 per cent,” said Denis Ma, head of research at……

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Home 

Hong Kong developer Chinachem sues co-working operator Kr Space for failing to execute One Hennessy lease

Chinachem Group, the chemical producer-turned-property developer, has slapped a law suit on one of China’s biggest co-working space operators for reneging on a contract, according to a writ filed with the Hong Kong High Court.The Hong Kong developer has sued Kr Space, a spin-off of technology platform 36kr.com, claiming HK$500.9 million (US$63.8 million) in damages for breaching a contract to take up seven floors at Chinachem’s One Hennessy building in Wan Chai, according to the writ.Chinachem… Source link

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Singapore 

This 1+1 apartment shows how to live large in a small space, Singapore News

Having a huge home has its benefits: You won’t have to struggle with fitting all your belongings into tiny nooks or worry about making design sacrifices to save space. But that’s not to say all of that is unachievable in a small home either. “If there’s something that this experience taught me, it’s that living comfortably with style in a tiny home isn’t impossible,” says Kim, who recently made over her 1+1 apartment at Floraview, which now has enough room for a kitchen, two cosy corners, and even a walk-in…

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Home 

Rent at office tower redeveloped on The Excelsior’s site may be the highest in Causeway Bay amid shortage of commercial space

The office tower to rise from where The Excelsior hotel stands on the foreshore of Hong Kong’s Causeway Bay may command the highest rent in the district by the time its redevelopment is completed in 2025, barring a catastrophic economic meltdown in Hong Kong.The site, known as Lot One, was the very first piece of land sold in Hong Kong when the city became a British colony in 1841. Jardine Matheson, one of Asia’s largest and oldest conglomerates, has owned it ever since, putting up the 869-room… Source link

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Singapore 

Super cool space shuttle-inspired kid’s bedroom in this four-bedroom condo, Singapore News

Having worked on business owner Charles Cheo’s previous home about 10 years ago, Raymond Seow, design director of Free Space Intent, was deemed the most suitable candidate to design the interior of Charles’ new apartment at Duo Residences. The previous property was Charles’ family home and his parents still reside there. It has an Old Shanghai theme and is furnished with many antique Peranakan furniture pieces from Charles’ collection. “For the Duo apartment, which I share with my wife, Lili, and our twin boys, I wanted something different and which…

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Singapore 

Upgraded Changi Airport Terminal 3 basement features new event space and indoor garden, Singapore News

SINGAPORE – Visitors to Changi Airport’s Terminal 3 (T3) can now watch live football matches on a big screen and enjoy live performances at its revamped basement two, which also features an indoor garden. By June, visitors can also shop at Japanese discount chain Don Don Donki, which will open a 30 sq m store at the T3 departure hall. The revamped basement has a new atrium space ST3PS and an indoor garden, both covering a floor area of 440 sq m, close to the size of a basketball court.…

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