Knight Frank

Analysts expect more collaboration amongst government agencies in 2025.

Rents increased by 3.0% for the whole year.

A total of 331 homes were transacted in H2 2024 alone.

The total sales value from 184 transactions dropped 22.1% to S$1.4b in 2024.

This company acquired a number of neighbourhood retail podiums.

Total rental growth is expected to range between -1% and 2% for the full year.

Total sales from 6,298 transactions hit HK$57.3 billion in November.

Neither are in a position of dominance, according to analysts.

Tenant activity was subdued in November 2024.

This is expected to put pressure on office rentals.

The current supply stands at 6.3m sqm as of Q3 2024.

Unsold luxury residential units are expected to be the key focus.

The market’s absorption capacity will be tested next year.

The aging population is impacting supermarket retail sales performance.Hong Kong's retail market is experiencing a significant decline, with total retail sales in the first ten months of 2024 estimated to have dropped by 7.1% compared to the same period last year, according to Knight Frank.

Demand is expected to be weak in 2025.

Thanks to five new residential projects launched during the month.