Hong Kong

Hong Kong residential sales down 16.9% to 4,275 transactions in January

Blame it on the resumption of social distancing measures. 

Hong Kong overall office vacancy rate down to 9.4% in January

Kowloon East still had the highest vacancy rate at 12.4%.

The risks and rewards of investing in Hong Kong’s self storage facilities

The average self storage occupancy of over 80% is one of the highest in Asia. 

Here’s what to expect from Hong Kong’s luxury home market this year

Prices could grow 3-5%, but not until the second half of the year.

Hong Kong retail rents to grow by 5% in 2022

But only if no major outbreak pulls back leasing demand yet again.

Commercial property investments in Hong Kong up 51% to USD10.2b in 2021

But this is just less than half of the peak seen in 2017.

Hong Kong retail space supply won’t rise until 2023

There are only three projects slated for completion this year.

Art dealers, crypto firms, coworking spaces drive Hong Kong office demand

Christie’s took around 50,000 sq ft in The Henderson in late 2021.

Hong Kong to see 4m sq ft of new office spaces this year

Rents will remain under pressure with a 15% decline expected over 2022.

Hong Kong mass housing price growth to hit up to 3% this year

Meanwhile, luxury home prices could jump by 3-5%.

Hong Kong luxury residential rents broadly flat in Q4

Rents on Hong Kong Island inched up 1% during the quarter.

Hong Kong Grade A office rents to jump by 5-10% in 2022

The recentralisation trend is expected to underpin rental growth.