EconomyPlan to convert Hong Kong office block into flats rejected amid high vacancy rates
Hong Kong’s Town Planning Board has rejected a developers’ consortium application to rezone the Harbourside HQ office project in Kowloon Bay for residential development. Analysts say sellers remain under pressure as commercial vacancy rates stay high.
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South China Morning Post★★☆☆☆2026-09-29 00:01Original
Plan to convert Hong Kong office block into flats rejected amid high vacancy rates
Economy