Hong Kong
Who was the most active retail buyer in Hong Kong in 2024?
Who was the most active retail buyer in Hong Kong in 2024?
This company acquired a number of neighbourhood retail podiums.
Hong Kong’s November residential sales hit highest levels since April
Total sales from 6,298 transactions hit HK$57.3 billion in November.
Kowloon office rents to decline by 2-4% this year
Tenant activity was subdued in November 2024.
Hong Kong to see an influx of 4m sq ft of new offices until 2026
This is expected to put pressure on office rentals.
Distressed sales to attract investor attention in Hong Kong next year
Unsold luxury residential units are expected to be the key focus.
Grade A office rents on Hong Kong Island to decline by up to 3% in 2025
The market’s absorption capacity will be tested next year.
How demographic changes will impact Hong Kong’s retail market
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.
Hong Kong industrial rents to drop by 2-3% next year
Demand is expected to be weak in 2025.
Hong Kong government land sale revenues to hit HK$8-14b in 2025
And annual land premiums are expected to reach HK$10-15 billion.
Kowloon office rents to decline by 2-4% over 2025
Analysts believe the market has yet to reach its bottom.
Hong Kong residential transactions hit five-month high of 4,697 units in October
The total sales value was over HK$37 billion.
Office rents on Hong Kong Island to decline by up to 3% in 2025
The 2.8m sq ft of new supply will take time to absorb.
Hong Kong office rents to drop by 5-10% for full-year 2024
Rents are expected to decline by up to 5% in Q4.
Hong Kong Residency rule could boost office sector
The ultra-rich are also expected to set up family offices in the city.
Hong Kong to see nearly 3,000 new hotel rooms for remainder of 2024
The Dorsett Kai Tak and the Metropark Hotel are notable expected openings.
Kowloon office leasing transactions drop 25% in September
Small to medium-sized units dominated the leasing market.
Hong Kong residential transaction volume hits 7-month low in September
Transactions dropped 22% MoM to 2,848 during the month.
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It is part of the Singaporean property developer’s ‘reach for the sky’ strategy.
