Hong Kong
3 factors behind Hong Kong’s luxury residential transaction upswing
3 factors behind Hong Kong’s luxury residential transaction upswing
Transactions already increased by a massive 131.4% y-o-y in the first nine months of 2021.
Two implications of Hong Kong occupiers’ flight to quality for office landlords
There was a noticeable increase in demand for premium Grade A offices from Jan-Aug 2021.
Hong Kong office net absorption finally rebounds after two years
Overall net absorption hit 70,900 sq feet in Q3 2021.
Hong Kong property investment transactions down 24% to US$2.4b in Q3
This is due to a skewed comparison base as major deals were completed in the previous quarter.
‘Recentralisation' trend now more evident in Hong Kong’s office market
Prime office rents saw a quarterly increase of 2.6%, signalling an improved leasing momentum in the CBD.
Hong Kong primary residential transactions surge 172% in September
There were a total of 1,926 transactions worth HK$21.3 billion.
Hong Kong prime office rents record slowest rate of decline since 2019
Q3 rents slipped 1% in Hong Kong, whilst the rest of APAC markets saw uneven recovery.
Hong Kong residential sales up 5.4% to 5,844 units in September
A notable luxury transaction was an apartment sold for HKD160m.
Renew or relocate: What did Hong Kong logistics operators do in Q3?
Some operators opted to renew as early as 9 months before their lease expired.
Hong Kong office rents to drop by 10% in 2022
This is due to elevated supply levels and uncertain demand from the Mainland.
Hong Kong industrial investment hits US$939m in Q3
There were 17 major deals worth over US$12.8m each.
F&B a silver lining for Hong Kong retail
Luxury brands are still wary of going to the high streets.
Hong Kong Grade A office rents slip 1.5% in Q3
Rents declined in all major submarkets while Kowloon rents proved more resilient.
Mid-sized home prices beat Hong Kong housing market
Prices increased by up to 5.8% against the 2.9% overall market growth.
Why high vacancy rates will persist in Hong Kong's retail sector
Vacancy in Mong Kok increased 2.9ppt to 18.9%.
What’s the most sought-after real estate asset in Hong Kong?
These assets accounted for 38% of property investments in Q3.
Hong Kong warehouse rents inch up 1% in Q3
This is caused by improved occupancy and lower space availability.
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