Property News · November 16, 2017

Hong Kong’s Causeway Bay remains as world’s second most expensive retail district


Hong Kong’s Causeway Bay has retained its title as the world’s second most expensive retail location, despite a decline in rents this year, according to a new report that tracks the most expensive shopping streets in the world.
With an annual per square foot rent of US$2,725, Causeway Bay trailed New York’s Upper Fifth Avenue, which retained its crown as the most expensive globally at an annual per sq ft rent of US$3,000, said Cushman & Wakefield in its annual Main Streets…

Source : South China Morning Post
Read more…Hong Kong’s Causeway Bay remains as world’s second most expensive retail district

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