Hong Kong
Hong Kong retail rents finally stabilise after 18 months of decline
Hong Kong retail rents finally stabilise after 18 months of decline
Rents in prime street shop and major shopping centre segments increased 0.3% and 1.2%, respectively.
Hong Kong residential price gap between Kowloon, New Territories shrinks by 20ppt over 10 years
New projects in the New Territories are now 21% cheaper than those in Kowloon.
Hong Kong investment volume surges 168% to USD3.3b in Q2
Institutional investors accounted for 71% of all commercial transaction volumes in the quarter.
Property investors urged to focus on cold storage in the next 3 years
Hong Kong’s strong export rebound and rise in food consumption would increase this asset’s value.
Hong Kong high-street rents to fall by 3% this year
This is a huge improvement from the 28% drop recorded in 2020.
Hong Kong office take up records first positive quarter since 2018
Quarterly net-take up in the CBD rebounded to 6,350 sqm in Q2, the first positive quarter since Q2 2018.
Henderson Land Group soars at the Real Estate Asia Awards 2021
Several of its projects have been recognised for their remarkable achievements and cutting-edge innovations.
The worst could truly be over for the Hong Kong property market
Rents have bottomed out and the economy bodes well for capital value growth in the second half of 2021.
Hong Kong Grade A office rents slip 2.6% in Q2
Hong Kong Island rents saw the lowest rate of decline since Q1 2020.
Hong Kong retail undergoing more “drastic transformation”: Knight Frank
Banks are now occupying large duplex stores.
Hong Kong home sales dip 3.3% to 7,084 units in May
Blame it on the fewer transactions in the secondary market.
Hong Kong records positive office absorption for the first time since 2019
Overall net absorption was 116,300 sq ft in May.
Hong Kong industrial vacancy rate improves to 2.3% in Q1
Grocery retailers expanded aggressively and there were fewer short-term leases of 6 to 24 months.
Two notable new hotels to watch out for in Hong Kong this year
These two projects will bring a total of 542 new rooms to the market.
Hong Kong luxury residential rents to drop by up to 10% this year
Blame it on weak expat demand and their shrinking housing budgets.
Hong Kong residential sales to hit up to 62,000 this year: Knight Frank
First-hand residential sales are currently booming.
Hong Kong property investments to rise 50% to HKD90b this year
But reaching this target will depend on the opening up of borders.