Hong Kong
Demand from Chinese firms not enough to offset Hong Kong’s new office supply pipeline
Rates of rental and price declines have started to slow in Q1.
Demand from Chinese firms not enough to offset Hong Kong’s new office supply pipeline
Rates of rental and price declines have started to slow in Q1.
Hong Kong records highest office rental decline in APAC in Q1
The decline in rents across the region is expected to decelerate this year.
Valuation and new real estate business models
As new operating models emerge, property valuers may need to be mindful of the way real estate is run when making valuations.
Hong Kong industrial investments hit HK$2b mark in Q1
There were seven major transactions worth over HK$100 million each.
Hong Kong residential transaction volume hits 9-year high in March
The transaction volume increased 28.8% MoM in March to 5,891.
Hong Kong Grade A office rents see lowest drop in three quarters
Rents only fell by 2% in Q1 2021.
Industrial sector dominates Hong Kong’s investment market in Q1
More than half of the US$1.3b transactions in Q1 were for industrial assets.
Pave sees rising demand for overseas property investments
The firm helps buyers purchase cross-border and handles administration for clients.
Hong Kong still the most expensive city in the world for expat housing
This is despite the 5.95% decrease in rents in 2020.
Hong Kong sees second largest number of ‘super prime’ residential sales globally
The city recorded 169 transactions over US$10m in 2020, just behind London’s 201.
Hong Kong luxury residential leasing sluggish in Q1 as business activity levels remain depressed
All districts recorded more modest rental declines compared with Q4/2020.
Benoy bets on sustainability as it transforms environments
Designers must be adaptive to the changing times in creating spaces.
It’s high time to enter Hong Kong’s strata office market now: Colliers
Investors and end-users are advised to leverage the price and rental corrections in the market.
Hong Kong office vacancy rate hits 15-year high as banks continue aggressive downsizing
Standard Chartered, DBS, Deutsche Bank and Societe Generale cut massive floor spaces.
Hong Kong retail shows sliver of hope as rates of rental decline slow significantly
Prime street shop and major shopping centre rents contracted by 4.9% and 4.8%, respectively.
Smaller Hong Kong office landlords now cutting rents even more aggressively
Meanwhile, prime building landlords are tightening up their leasing strategy.
Hong Kong's Pilot Scheme to propel industrial investments in the next two years
Investments have so far reached HK$4.1bn in Q1 2021, more than 70% of the full-year 2020 total.