Hong Kong
Hong Kong office vacancy rate up 0.4ppt to 11.12% in Q2
Hong Kong office vacancy rate up 0.4ppt to 11.12% in Q2
Net absorption was at -176,300sq ft as weak demand persists.
Soaring to new heights with Chinachem Group
The company won multiple trophies at the Real Estate Asia Awards 2022 and CEO Donald Choi took home the coveted CEO of the Year Award.
Hong Kong Grade A office vacancy hits highest levels since 2003
The total volume of vacant space is at a record 9.8 million sq ft.
Commercial real estate investments in Hong Kong up 17.5% to HK$16b in Q2
The industrial sector accounted for almost half of the investment volume.
Hong Kong high-street shop vacancy reaches 16.5% in Q2
Vacancies also increased in Tsim Sha Tsui and Mong Kok.
Hong Kong industrial vacancy hits 8-year low of 1.4% in Q2
This is despite a slow leasing momentum in the quarter.
This is the real reason behind Hong Kong luxury residential rents’ rally in Q2
Rents on Hong Kong Island and in Kowloon inched up 1% and 2.5%, respectively.
Hong Kong luxury residential rents to decline by up to 5% this year
The lacklustre activity recently does not bode well for the market.
Hong Kong is the priciest housing market in 2021: study
Following Hong Kong were Sydney and Vancouver.
Henderson Land Group scales new heights of innovation and sustainability
The Group wins Sustainable Development of the Year - Hong Kong and Mixed-Use Development of the Year - Hong Kong Awards at the Real Estate Asia Awards 2022.
Hong Kong to have 2.3m sq ft of new retail space supply this year
The 11 SKIES project added 1.1m sq ft of new space in Q1.
Hong Kong Island to see around 3.5m sq ft of new office supply by 2025
Grade A office rents are likely to grow by up to 10% this year.
Hong Kong home sales up 59.1% to 6,202 units in May
The growth was driven by a number of new launches during the month.
Hong Kong warehouse rents slip 1.5% in Q1
The vacancy rate also declined from 1.5% to 0.9%.
Hong Kong mass residential prices could hit new highs this year
Consumer sentiment is likely to turn positive in the second half of 2022.
Why Hong Kong hotels are being converted into co-living facilities
More investors are looking for suitable assets for such conversion.
Hong Kong luxury retail street turns into a food street
Russell Street in Causeway Bay has transformed over the course of the pandemic.
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