Hong Kong
Hong Kong office rents forecast to rise 3% this year
Hong Kong office rents forecast to rise 3% this year
A significant amount of supply is also in the pipeline.
Hong Kong real estate transaction volumes hit 10-year lows in 2022
Only 101 big deals were closed during the year.
Hong Kong’s biggest industrial investment deal in Q4 revealed
It was valued at HK$850 million.
Hong Kong residential rents still stuck in a downward streak
Townhouse rents saw the most significant decline of 5.8% in Q4.
Hong Kong overall warehouse rents slip 1% in Q4 2022
Vacancy rates were stable at 1.9% during the quarter.
Grade A office rents in Hong Kong down 7.6% for full-year 2022
Rents declined 2.3% in the final quarter of the year.
Hong Kong Island to see around 3.5m sq ft of new office supply by 2025
Rents are bound to suffer further downward pressure.
Hong Kong retail leasing activity still ‘stubbornly low’: Savills
Rents will remain largely flat this year.
Hong Kong mass residential capital values to decline 10% this year
Developers may be forced to offer deeper discounts to boost sales.
More private families and HNWIs to enter Hong Kong’s property investment market this year
Learn more about what to expect from Hong Kong’s property capital market in 2023.
Hong Kong residential transaction volume expected to have hit a new low in 2022
Estimates show there were only 45,000 transactions for the whole year.
Office rents in Kowloon to rise by up to 3% in 2023
The overall market seems to have bottomed out.
Hong Kong mass residential capital values down 2.7% in November
It was a steeper decline compared to the 1.9% drop the previous month.
What the rise of several core business districts means for Hong Kong
Different industries will dominate districts, creating sector-led hubs.
Hong Kong overall office vacancy rate hits 11.6% in November
The rise was driven by two new completions.
Hong Kong retail street rents to drop by a further 10-15% in 2023
Rent adjustments are not expected to improve vacancy rates.