General Travel News
Most expensive city for office space
Hong Kong is now the most expensive place to take office space, according to the latest figures from Knight Frank.
Hong Kong’s prime office space, which includes the city’s bustling Central district, was renting for as much as a monthly HK$1,046 (US$135) per square meter last year, a growth of 28%.
By contrast, growth in London’s spiffy West End – formerly the world’s most expensive – slowed last year after a rapid 31% climb in 2010.
Driving the spike in rents is the huge demand by banks for branches in Hong Kong and in Asia’s leading financial centres.
Office rents in Beijing soared by 46% during the year to US$56.83 per square feet, becoming the world’s 19th most expensive location.
More General Travel News
Latest Travel News
Featured Sights To See
Plaza Altamira
Caracas, Venezuela
Also called the Plaza Francia, this is a large public square that is immensely popular with locals of all ages during summer evenings and winter afternoons. The plaza features a majestic obelisk and a refreshing water fountain, two prominent features that make it stand out as more of a photo op than any other public square in Caracas. It also contains a number of stalls offering foodstuff, ...
Changi village
Singapore, Singapore
The place provides a magnificent blend of an urban and rural village along with the most awe-inspiring views of natural beauty. The place is not considered idyllic for swimming but is not a bad option for having a wonderful evening. The place is highly congested on weekends but is desolate on weekdays. Means of transport: underground rail and bus from Victoria Street. ...
High Line Elevated Park
New York, United States
When it opened in 1934, the High Line was a major infrastructure project. It was built for freight trains coming into New York, and got rid of hazardous at-grade intersections at a cost of $2 billion in today’s dollars. The tracks actually were built through warehouses and factories so that trains could be directly unloaded into their destination. In the 1950s, however, rail traffic began to de...
Deoksu-gung Palace
Seoul, South Korea
It is located in downtown Seoul cross the street from City Hall. This palace was built in the mid-fifteenth century and the architecture of the insides of the buildings show heavy traces of Western designs. This palace is famous for its elegant stone wall road. The buildings itself are of natural sugi, painted wood and stucco. The east wing was the king's while the queen's quarters were located in...