Commercial Property

Grade A office rents vacancy rates down 0.2% to 9.4% for January

This continues a four-month streak of positive net absorption. 

Office real estate falls to all-time low in 2021: RCA

Office property investment in Hong Kong only brought in $2.3b in 2021.

HK property market ‘on the cusp of full recovery’ in 2022

Thanks to the strengthened demand in the retail and industrial property sectors, analysts say.

Growth expected for retail, industrial leasing in 2022: CBRE

But the potential spread of the highly transmissible Omicron variant poses uncertainty to the market.

Property sales dip 6.8% YoY in December

Total agreements recorded for the month were only at 7,076.

Property market on ‘cusp of full recovery’ in 2022: JLL

Across submarkets, retail will have the strongest growth next year.

State of the real estate: How the property market performed in October

Knight Frank cited trends that affected the performance of the market.

Net effective Grade A office rents rise 0.2% MoM in October 

This marks the first expansion for the market since May 2019.

Commercial property deal volume falls by 38% YoY in Q3

This marks HK’s first contraction after four consecutive quarters of expansion

Central's office rent grows for 2nd consecutive month

The 0.6% growth was driven by premium office space in the submarket.

Property sales dip 6% MoM in September

Year on year, however, property sales are up 12.4%.

Hong Kong’s office net absorption negative for 8th consecutive quarter 

This marks the country’s longest local market down cycle in history.

How Hong Kong’s real estate scene will fare in agents’ eyes

Residential prices, as well as retail and office rents, will likely grow in 2022.

Flexible office space offsets corporate downsizing: JLL

Leasing momentum in the retail market continues to improve in August 2021.