Author: alexfrewmcmillan

Alex Frew McMillan is a Hong Kong–based foreign correspondent, having spent more than two decades as a business reporter, feature writer, and editor, with the last 14 years spent specialising in real estate coverage.

Articles by alexfrewmcmillan

  • Innovating in Retail and Hospitality for China’s Billion-Strong “Digital-First” Network
    Published on January 13, 2020 in Market Trends
    China is a nation of more than 1 billion “digital-first” consumers, Jeffrey Towson, managing partner at Towson Group and a Peking University professor, said at a recent ULI event in Shanghai. Because these consumers are starting to act like an interconnected network—influencing each other and generating fresh ways of doing transactions—they are shaping how almost all companies do business.
  • Data-Driven Physical Real Estate Still Wins with China’s Retail Consumers
    Published on January 03, 2020 in Development
    When e-commerce first became entrenched in China, it seemed to sound the death knell for traditional retail. Sporting venues and other cultural attractions are helping bring foot traffic to the experiential retail of the future, said panelists at a ULI event in Shanghai.
  • Redefining Smart Buildings
    Published on June 03, 2019 in Planning & Design
    A truly smart building goes far beyond sensors and data collection to improve occupiers’ quality of life.
  • Bringing Smarter Payment Systems, Sensors to Hong Kong
    Published on April 15, 2019 in Market Trends
    When the Octopus card was introduced to Hong Kong 22 years ago, it quietly revolutionized transportation in the city. It certainly made the city “smarter” and easier to navigate, both quicker and with a lot less spare change in your pocket. But what steps can a city such as Hong Kong take now to ensure it remains relevant in another two decades’ time?
  • How Hong Kong, One of the World’s Most Expensive Cities, Copes with Its Housing Crunch
    Published on April 04, 2019 in Market Trends
    Hong Kong has beaten its own record to post the worst affordability ratio in the history of the annual rankings produced by urban demographic analysis website Demographia. It now costs 21 times the median annual income to buy an average-priced Hong Kong home, 40 percent higher than Vancouver and Sydney, which are the next worse off. Panelists discussed the solutions being offered by both the public and private sectors at a ULI Hong Kong event in March.
  • Hong Kong’s Housing Crisis
    Published on June 01, 2018 in Development
    Public policy experts and investors wave warning flags about the world’s most expensive housing market.