Hong Kong
Hong Kong office rents to decline by up to 5% this year
Hong Kong office rents to decline by up to 5% this year
Vacancy pressure from new supply is expected to weigh on rents.
3 days ago
These two new hotels opened in Hong Kong in Q3
A total of 766 rooms were added to the market.
3 days ago
Hong Kong residential transaction volume to reach up to 62,000 in 2025
There were 16,700 units transacted in Q3 alone.
Hong Kong industrial rents to decline by up to 10% in 2025
Rental concessions from landlords are expected to continue.
Hong Kong commercial property transaction value grows 6% in YTD Sep
The total value reached HKD33 billion.
Hong Kong Grade A office vacancy hits 14.5% in Q3
Older Grade A buildings are experiencing subdued leasing activity.
Hong Kong property investment volume drops 9% in Q3
The YTD total is only 56% of 2024’s total.
Hong Kong Grade A office absorption hits highest quarterly total since 2018
Net absorption reached over 690,000sq ft in Q3.
Hong Kong retail vacancy rate rises to 8% in Q3
Only Central saw a slight decline in vacancy.
Hong Kong industrial rents record a 6% drop in Q3
Landlords offered deeper rental concessions.
Hong Kong warehouse vacancy grows to a record 11.8% in Q3
This drove landlords to lower rents.
Hong Kong real estate transaction value up 2.5% to HKD9b in Q3
Office assets led the investment activity during the quarter.
Hong Kong office vacancy rate to rise to 19% by year-end
And Grade A office rents are expected to decline by 7%.
Hong Kong high-street rents up 1.2% in Q3
Tsim Sha Tsui led the rental growth.
Hong Kong office take-up hits 430,000sq ft in Q3
Absorption in the Central/Admiralty submarket reached its second-highest level in 10 years.
Hong Kong office rents expected to decline by 10% this year
Supply still outweighs demand.
Hong Kong data centre market to see gradual recovery over the next 6-12 months
The market remained stable and has yet to show momentum.