Hong Kong
Hong Kong real estate investment drops to second-lowest half-year total since 2008
Hong Kong real estate investment drops to second-lowest half-year total since 2008
Commercial investments reached HK$23.1b in H1 2024.
Hong Kong warehouse vacancy increases to 7.9% in Q2
Warehouse rents declined 1.5% due to vacancy pressure.
Hong Kong retail rents grow 3.7% in H1 2024
Rents rose by 1% in Q2 alone.
Hong Kong office leasing volume hits highest half-yearly total since 2019
Leasing volumes in H1 2024 reached 2.3m sq ft.
Hong Kong residential transaction volume drops 35.1% to 5,546 cases in May
Blame it on the steep decline in primary sales.
Kowloon office rents drop for fourth straight month in May
The average monthly rent was at HK$22.6 per sq ft.
How Hong Kong’s luxury retail sector bears the brunt of changing consumer behaviour
Mainland tourists are now more inclined to seek ‘cultural tourism’ than shopping.
Hong Kong Island office sector still mired in challenges
Grade A office rents dropped by 5.2% in May.
Hong Kong real estate transactions drop 29% to HK$22.55b
That is in the first five months of 2024.
Kowloon office rents to increase by up to 2% in 2024
Market activity will be driven by smaller tenants.
Grade A office rents on Hong Kong Island to decline by 3-5% in 2024
The overall vacancy rate was at 12.3% as of May 2024.
Hong Kong home prices to fall by 5% this year
Meanwhile, mass residential rents are expected to rise by up to 8%.
Three new logistics centres to come online in Hong Kong until 2028
They’re all located near the airport.
Henderson Land Development clinches Developer of the Year - Hong Kong at Real Estate Asia Awards
It has employed its G.I.V.E. Sustainability Strategy in its developments.
AIA brings home two wins at Real Estate Asia Awards for Urban Campus
The redevelopment encourages work-life balance amongst employees.
Kowloon office rents drop for the third straight month in April
Rents declined by 1.7% to HK$22.8 per sq ft.
Office vacancy rate on Hong Kong Island hits a record 12.6% in April
Quarry Bay and Wong Chuk Hang saw a significant increase in vacancies.
Resource Center
Read Here
Advertise
Sign Up
Event News
Its IN ONE development effortlessly merges convenience, luxury, and sustainability in one remarkable development.
