Hong Kong
Office leasing activity in Kowloon, Hong Kong to rebound by year-end
Leasing demand in July was focused on smaller transactions.
Hong Kong retail landlords still offering deeper cuts in shop rents
A retail spot was recently granted to a tenant for 51.3% lower than the previous lease.
Hong Kong Island office vacancy rate reaches 19-year high of 9.2% in July
It is the highest vacancy rate since 2003.
Hong Kong residential sales down 23.9% to 3,671 units in July
The overall stamp duty revenue is at a 19-month low.
Hong Kong office rents slip 0.1% in July
Vacancy rate rose to 9.6% during the month.
Hong Kong mass residential capital values down 0.5% in July
It was higher compared to last month’s -0.3% drop.
Everything you need to know now about Hong Kong’s office leasing market
Mainland office demand slowed whilst medical groups expanded in fringe Central.
This is the prevailing trend in Kowloon’s office property market
Firms are after building upgrades and space optimisation.
Hong Kong property investments surge 52% to USD2.2b in Q2
The total investments for H1 is now at USD3.7b.
Hong Kong Island prime office rents slip 0.7% in H1
But overall rents in Central and Admiralty inched up 0.4%.
Hong Kong retailers still closing stores over lack of tourists
Find out which big brand names had to shut their doors permanently.
Hong Kong residential sales drop 22.2% to 4,826 units in June
There were 1,382 primary sales during the month.
Hong Kong mass residential prices to increase by 3-5% this year
Meanwhile, luxury home prices could grow by up to 3%.
High street shop rents in Hong Kong down 2.4% in H1
The retail rental recovery for 2022 is expected to be within 5%.
Hong Kong warehouse rents inch up 1.1% in Q2
Limited availability and robust demand from 3PLs drove up rents.
Hong Kong real estate investments drop 15% to USD3.7b in H1
Investors are still cautious amidst the US Federal interest rate hike.
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