Hong Kong
Hong Kong residential sales drop 18.8% to 3,148 units in October
Primary sales plummeted 53.2% to just 672 units.
Hong Kong residential sales drop 18.8% to 3,148 units in October
Primary sales plummeted 53.2% to just 672 units.
Hong Kong property deals almost doubled in Q3
Transaction volumes grew 93% to USD4.4 billion during the quarter.
Why Hong Kong has a long road ahead to achieve sustainable real estate
Only 22% of all existing Hong Kong buildings are green-rated.
Hong Kong’s most significant retail leasing transaction in September revealed
It is a 14,000 sq ft shop in New World Tower in Central.
These firms recently moved to higher quality offices in Hong Kong
Invesco relocated its headquarters to a 33,000sq ft lease in Jardine House.Â
Hong Kong residential sales down 6.3% to 3,875 units in September
The primary market sales also declined 8.2%.
What’s to blame for Hong Kong’s lacklustre real estate investment demand in Q3?
Only 20 deals worth HK$18.1b were transacted in the quarter.
Here’s proof that Hong Kong’s warehouses still attract private equityÂ
Learn more about some of the key deals.Â
Hong Kong high-street rents finally recover from longest-ever downcycle: CBRE
Rents grew 2.9% in Q3, the fastest growth rate since 2012.
Hong Kong Grade A office vacancy hits record high of 14.1% in Q3
The total vacant space reached 11.9m sq ft of vacant space during the quarter.
Hong Kong office rents now 30% below 2019 peak levels
Rents are expected to continue on this downward trend for the coming months.
What does Hong Kong warehouses’ ultra low vacancy rate mean for the industry?
The vacancy rate is at sub-1% as of H1 2022.Â
Two deals that stood out in Hong Kong’s industrial leasing market
One is a relocation to 88,000 sq ft of space in Tsuen Wan.
Hong Kong residential transaction volume down 6.3% to 3,875 units in September
Transactions for the secondary market reached 2,440 units.
Hong Kong office vacancy rate hits 10.5% in September
This is due to new completions in the month.
The worst is finally over for Hong Kong’s serviced apartment market
Rents for hotel-like units rose 5.1% in Q3.
What’s to blame for the lacklustre logistics demand growth in Hong Kong in Q3?
Warehouse rental growth slowed to 0.2% during the quarter.
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
