Hong Kong
This house was sold for the highest price per sq ft in Kowloon
It was an 11,589-sq-ft horse sold for HK$1 billion.
This house was sold for the highest price per sq ft in Kowloon
It was an 11,589-sq-ft horse sold for HK$1 billion.
Office vacancy rate on Hong Kong Island hits a record 12.2% in Q1
Meanwhile, rents dipped by 0.5% during the quarter.
Hong Kong luxury retail market finally set to recover
Some luxury brands such as Louis Vuitton are gradually returning into the city.
Hong Kong office vacancy rates could surpass 20% by 2027
That is if annual take-up only reaches 0.5m sq ft.
Hong Kong warehouse rents drop for the first time since Q4 2020
Rents declined by 1.1% in Q1 2024.
Hong Kong commercial property investments down 5.5% to HK$13.2b in Q1
There were only 13 deals during the quarter.
Hong Kong high-street rents record fastest growth in two years
Shop rents grew by 2.7% in Q1 2024.
Hong Kong Q1 Grade A office absorption reaches record highs since 2018
Net absorption totalled 612,000 sq ft in Q1.
Hong Kong retail market not yet out of the woods: Knight Frank
But the leasing market is showing signs of gradual recovery.
Hong Kong Island office rents drop 7.6% in February
Leasing activity in Causeway Bay and North Point was quiet.
Hong Kong residential sees most relaxed market conditions in 14 years
Cooling measures were recently withdrawn.
Changing dynamics unravel in Hong Kong’s mid-high end residential leasing marketÂ
Locals are increasingly becoming key demand drivers.
Slow sales drag retail property market although leasing rates “strong”
Structural change and shifts in visitors are some challenges the market may face.
Hong Kong 2023 commercial property transactions breach 2022 levels
Transactions in 2023 totalled HK$31.1 billion.
Hong Kong residential sales volume to reach up to 65,000 units in 2024
Developers are expected to launch primary projects as sentiment improves.
Everything you need to know about Hong Kong logistics sales and leasing
There were notable changes in the cold storage segment.
Hong Kong houses over 2,700 SFOs: report
Over 500 of these SFOs fall under the US$10m-US$30m wealth level.