Business Daily Media

The Times


.

Tsim Sha Tsui Retained Its Position as the World’s Fourth Most Expensive Shopping Street


  • In the 35th edition of Cushman & Wakefield's Main Streets Across The World report, Hong Kong's Tsim Sha Tsui maintains its global ranking position as the world's 4th most expensive retail street; whilst the area continued to top the APAC ranking as region's the most expensive retail destination
  • Rents on New Bond Street ($2,231 per square foot per year) have leapfrogged Milan's Via Montenapoleone and New York's Upper Fifth Avenue to top the global rankings
  • 58% of tracked retail streets saw rent increases, reflecting demand for space far exceeding availability

HONG KONG SAR - Media OutReach Newswire - 19 November 2025 - London's New Bond Street, where rents have risen by 22% in the past year to $2,231 per square foot per year (psf/yr), has been crowned the world's most expensive retail destination for the first time, according to Cushman & Wakefield (NYSE: CWK).

More Articles …

  1. Hop on the Holiday Express: "Ticket to Christmas" Launches at Pacific Place and Starstreet Precinct
  2. The Timeless Wisdom of Rivers: Collaboration and Shared Vision
  3. Cyberport and Telkom University Formed Partnership to Accelerate HK Tech Expansion in ASEAN and Belt & Road
  4. KOI Founder Named to Forbes China’s 2025 Top 100 Most Influential Chinese
  5. Taiwan Medical Textile Alliance Achieves Breakthrough in Thailand’s Healthcare Market with Cross-Industry Collaboration
  6. UABBHK 2025 Responds with TECHFORMANCE: Architecture as Performance in the Age of AI
  7. Wuxi Shows What It Takes to Become a UNESCO City of Music
  8. A Decade of Connecting Perth and Malaysia with Batik Air
  9. SATS Posts 2Q Net Profit Of S$78.9 Million
  10. "TORI SANWA," Japan's Century-Old Legendary Brand, Collaborates with Café Sensu for a Pop-up Store Launch at Tai Koo APITA
  11. Invitation To MCKL Open Day – Every Student’s Degree Pathway Begins Here
  12. Hongkong Land launches Sustainability Partnership Programme
  13. VinFast’s Rising Sales Strengthen Its Path Into Middle East Markets
  14. Surging AI, Connecting ASEAN — Guangxi’s "A-Super" League Drives Collaborative Achievements
  15. Dr. Terence Tan, Director of Halley Body Slimming Clinic, Shares Clinical Insights on CoolSculpting Elite at Regional Webinar Hosted by Allergan Aesthetics
  16. Porsche Design Tower Bangkok Captivates Singapore Market with Exclusive Preview
  17. AIA Hong Kong Offers Free Rides on the Hong Kong Observation Wheel to Celebrate Athletes of National Games, National Games for Persons with Disabilities and National Special Olympic Games
  18. Blue Cross Introduces "Bear Attack Additional Coverage" to Safeguard Travellers Offers HK$50 Coupon for SmartClub Members
  19. APTEXPO 2025 Officially Opens: Day 1 Sets the Stage for Global Collaboration
  20. Taiwan CareTech Alliance Enters Japan’s Aging Market with Smart Elderly Care Products

News from Asia

Public Invited to Tour New Phnom Penh Temple of The Church of Jesus Christ of Latter-day Saints

PHNOM PENH, CAMBODIA – Media OutReach Newswire – 4 August 2026 – The Church of Jesus Christ of Latter-day Saints is inviting the public to celebrate the completion of the Phnom Penh Cambodia ...

Record Gold Prices Drive Demand for Trusted Appraisal Services as Jewel Cafe Brings Japanese Hospitality to Taiwan

As gold prices reach record highs, Taiwanese consumers are increasingly seeking transparent, customer-focused appraisal services for their valuable assets. ...

High Gold Prices Drive Demand for Jewelry Appraisals as Jewel Cafe Opens Tsuen Wan Store

Newly opened Tsuen Wan OP Mall store offers free appraisals of gold, jewelry, luxury watches, and branded goods with no obligation to sell HONG KONG SAR - Media OutReach Newswire - 4 August 2026 ...

Aon Appoints Stephen as CEO for Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 4 August 2026 – Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointment of Stephen as CEO for Indonesia...

Etiqa Insurance Singapore Launches Enrich Index Income that Combines Index-Linked Growth Potential with Capital Protection at Maturity

New endowment plan offers potential yearly cash benefits, downside resilience and access to the Barclays Regime-Aware Dynamic Asset Rotation (“Barclays RADAR”) 6% RC Indices.SINGAPORE – Media OutR...

TUMI Introduces AXIS, A New Expression of Quiet Innovation for Modern Life

HONG KONG SAR - Media OutReach Newswire - 4 August 2026 - TUMI, international travel, lifestyle, and accessories brand, unveils AXIS for Fall/Winter 2026, a forward-thinking collection that redef...

From Price-Checking to Protection Gaps: Blue’s New Campaign Decodes Hongkongers' Common Frustrations with Simple Solutions

HONG KONG SAR – Media OutReach Newswire – 4 August 2026 - Blue, Hong Kong's first digital life insurer, has officially launched its new 2026 Brand Campaign. Designed with real-life scenarios in mi...

Revealing Roo Rise: OceanX Expedition Establishes a New Scientific Baseline for the High Seas

Expedition maps more than 12,800 square kilometers of seabed and documents deep-sea biodiversity across a little-studied high seas region SINGAPORE – Media OutReach Newswire – 4 August...

Direct Travel Introduces the Next Evolution of Avenir

Latest Avenir release gives organizations more direct access to the travel content, data and service needed to manage modern travel programsSINGAPORE – Media OutReach Newswire – 4 August 2026 – D...

Premium European Products Strengthens Malaysia Market Presence Through MIFB 2026 and B2B Dinners

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 4 August 2026 –Premium European Products made its return to Malaysia for the third consecutive year at the Malaysian food and beverage trade show...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...