Hong Kong
Hong Kong residential transactions surge 56% to 6,690 units in March
The primary market also had a positive performance.
Hong Kong residential transactions surge 56% to 6,690 units in March
The primary market also had a positive performance.
Hong Kong retail spaces still being leased at 30% lower than pre-COVID levels
Find out which spaces are being rented at lower prices.
Hong Kong’s primary luxury residential volume to be extremely low this year
The market is likely to be dominated by distress sales.
Oversupply woes loom for Hong Kong’s residential sector in the coming years
Over 100,000 units will be available against an annual demand of 18,000.
HK hotel occupancy soars 72% in first two months
The reopening of borders and lifting all quarantine controls drove the increase.
Faster recovery awaits Hong Kong’s high-end hotels
JLL expects the sector’s transaction activity to reach US$1b by Q423.
Grade A office rents in HK contract 1.3% QoQ in Q1
The decrease in rents in Island East drove the overall decrease.
Savills pioneers next-level virtual property tours in Hong Kong
Clients viewing 3D interactive models can see the whole property, tenants, and community.
Growth of high street rents in HK's core districts eases in Q123
Rents in core districts range from $211-$860.
HK gov’t needs to review valuations to ensure success of land sale programme – experts
Colliers estimates Hong Kong land revenue last year only 50% of target.
Hong Kong office net effective rents dip 0.2% in January
And vacancy rate rose to 12.2% during the month.
Hong Kong is APAC’s second most preferred retail expansion destination
It is tied with Singapore at second place, whilst Chinese cities took the top spot.
Mainland buyers in Hong Kong’s luxury home segment hits record lows
The proportion of Mainland buyers was at an all-time low of 29% in 2022.
This is the most significant residential transaction in Hong Kong in Q4
It was a sale of a site on the Peak for HK$1 billion.
Hong Kong office rents dip 0.4% in December
Meanwhile, the vacancy rate increased to 12.1%.
Hong Kong to see the highest annual retail supply in 20 years
Nearly 4 million sq ft of new supply is expected to come online this year.
Hong Kong luxury apartment rents to rise by up to 5% by year-end
Rents will be subdued in the first half of the year.
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Henderson Land hailed as Developer of the Year at Real Estate Asia Awards 2023
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The company’s G.I.V.E. Sustainability Strategy is paving the way for a greener, more inclusive real estate sector, setting new benchmarks for sustainable development in Hong Kong and beyond.
