hong kong office rents
Hong Kong office net effective rents dip 0.2% in January
And vacancy rate rose to 12.2% during the month.
Hong Kong office net effective rents dip 0.2% in January
And vacancy rate rose to 12.2% during the month.
Hong Kong office rents dip 0.4% in December
Meanwhile, the vacancy rate increased to 12.1%.
Hong Kong office rents forecast to rise 3% this year
A significant amount of supply is also in the pipeline.
Grade A office rents in Hong Kong down 7.6% for full-year 2022
Rents declined 2.3% in the final quarter of the year.
Office rents in Kowloon to rise by up to 3% in 2023
The overall market seems to have bottomed out.
Hong Kong Island office rents slip 1.4% in October
Rents are expected to drop for the rest of the year.
Hong Kong office rents now 30% below 2019 peak levels
Rents are expected to continue on this downward trend for the coming months.
Office rents on Hong Kong Island down 1.5% in August
Island East recorded the biggest decline.
Hong Kong office rents slip 0.1% in July
Vacancy rate rose to 9.6% during the month.
Everything you need to know now about Hong Kong’s office leasing market
Mainland office demand slowed whilst medical groups expanded in fringe Central.
Hong Kong Island prime office rents slip 0.7% in H1
But overall rents in Central and Admiralty inched up 0.4%.
Hong Kong office rents rebound to late-2021 levels in April
Rents in Central inched up 0.9% to HK$114.5 per sq ft.
Hong Kong to see 4m sq ft of new office spaces this year
Rents will remain under pressure with a 15% decline expected over 2022.
Hong Kong Grade A office rents to jump by 5-10% in 2022
The recentralisation trend is expected to underpin rental growth.
Hong Kong overall office rents slip 0.5% in Q3
But rents in Central inched up 0.6%.
Hong Kong Grade A office rents increase for the first time in over 2 years
Rents inched up 0.2% in October.
Hong Kong new office letting transactions drop 20% in October
Tenants in Kowloon are favouring lease renewals over relocations.
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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.
