Hong Kong
Hong Kong Q1 Grade A office absorption reaches record highs since 2018
Hong Kong Q1 Grade A office absorption reaches record highs since 2018
Net absorption totalled 612,000 sq ft in Q1.
Hong Kong retail market not yet out of the woods: Knight Frank
But the leasing market is showing signs of gradual recovery.
Hong Kong Island office rents drop 7.6% in February
Leasing activity in Causeway Bay and North Point was quiet.
Hong Kong residential sees most relaxed market conditions in 14 years
Cooling measures were recently withdrawn.
Changing dynamics unravel in Hong Kong’s mid-high end residential leasing market
Locals are increasingly becoming key demand drivers.
Slow sales drag retail property market although leasing rates “strong”
Structural change and shifts in visitors are some challenges the market may face.
Hong Kong 2023 commercial property transactions breach 2022 levels
Transactions in 2023 totalled HK$31.1 billion.
Hong Kong residential sales volume to reach up to 65,000 units in 2024
Developers are expected to launch primary projects as sentiment improves.
Everything you need to know about Hong Kong logistics sales and leasing
There were notable changes in the cold storage segment.
Hong Kong houses over 2,700 SFOs: report
Over 500 of these SFOs fall under the US$10m-US$30m wealth level.
Hong Kong is 3rd top source of cross-border property investments
Hong Kong firms directed US$4.9b in capital to Chinese real estate properties.
New eco-haven AIRSIDE boasts urban farm, smart bike parking system and more
The commercial property supplies its tenants with harvested produce from its urban farm.
Hong Kong warehouse demand to weaken this year
Rents are expected to continue to decline in 2024.
Hong Kong office sector set to favour tenants this year
Consolidation towards cost-effective options will remain a key trend.
Hong Kong real estate investment volumes to hit HKD50 billion this year
This represents a 37% increase from 2023’s low base.
Hong Kong to see the highest annual mall supply in two decades
Analysts expect around 4 million sq ft of new mall supply in 2024.
Hong Kong Grade A office rents to decline by at least 2% this year
2024 is anticipated to be a tenant-driven market.