Hong Kong
Hong Kong luxury residential rents to rise by up to 5% this year
Meanwhile, prime residential capital values are forecast to drop by up to 5%.
6 days ago
Hong Kong luxury residential rents to rise by up to 5% this year
Meanwhile, prime residential capital values are forecast to drop by up to 5%.
6 days ago
Hong Kong to see 2.5m sq ft of new retail space by end-2023
In Q3, two new shopping centres were completed.
Hong Kong adds 2,000 new hotel rooms in the first nine months of 2023
In Q3 alone, 251 new rooms were completed.
Hong Kong Grade A office rents down 2.3% in Q3
Hong Kong East saw the steepest decline of 4.6%.
Office rents on Hong Kong Island slip 0.3% in October
Central saw the biggest fall of 0.5%.
Hong Kong residential prices drop for fifth consecutive month
Prices declined by 1.7% in September.
Hong Kong retail rents to grow by 5% in 2024
The market continued to see signs of recovery in Q3.
Hong Kong commercial real estate investment market still riddled with challenges
The market maintained its lacklustre performance in Q3.
Hong Kong office rents expected to bottom out sooner than expected
Rents could decline by up to 5% next year.
Hong Kong residential transactions drop 11.9% to 2,862 in September
Though there were sporadic big-ticket luxury sales during the month.
Net effective office rents on Hong Kong Island slip 0.4% in September
Central and Causeway Bay registered the steepest YTD decline.
Hong Kong high street rents to increase by 8% for full-year 2023
Market recovery should gain momentum by the second half of next year.
Hong Kong real estate investments continue to disappoint in Q3
Q3 recorded HKD5.3b worth of transactions in Q3, the third lowest investment quarter since 2013.
Hong Kong industrial leasing demand to remain weak in the near term
The vacancy rate stood at 3.2% in Q3.
Hong Kong Grade A office rents drop 2.3% in Q3
The Central/Admiralty submarket was the main driver of this decline.
Which retail submarket recorded the lowest Q3 vacancy rate in Hong Kong?
The vacancy rate in this submarket declined by 2.6ppt to 5.3%.
Hong Kong property investment fails to breach the HK$10b mark yet again
Total commercial investment volume reached only HK$6.9b in Q3.
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1. Tokyo overall industrial vacancy rate rises for the first time in two quarters 2. Singapore new private home sales more than tripled in November 3. Hanoi to see 90,600sqm of new retail supply by year-end 4. Two new malls slated to be completed in Kuala Lumpur by year-end 5. Seoul retail rents continue to rise in Q3Resource Center
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Real Estate Asia Awards 2024 opens nominations for exceptional projects, developments
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Co-Written / Partner
Shine a spotlight on your groundbreaking projects and initiatives that redefine excellence in Asian real estate.
Shine a spotlight on your groundbreaking projects and initiatives that redefine excellence in Asian real estate.
