Hong Kong
Hong Kong Island office rents decline 2% in November
Wan Chai outperformed the other business districts.
Hong Kong industrial sales may be constrained until end of 2024
The high cost of funds is expected to take its toll on the investment market.
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%.
Hong Kong to see 2.5m sq ft of new retail space by end-2023
In Q3, two new shopping centres were completed.
4 ways gov't can support the residential market
The residential market's average monthly transaction volume in 10M23 was 25% below the previous 4-year average.
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%.
2023 sets the record for most failed bids in Hong Kong’s land supply history
Six of the nine tenders this year were unsuccessful.
Hong Kong residential prices drop for fifth consecutive month
Prices declined by 1.7% in September.
Lodes flips the switch at new Hong Kong office to turn on creative minds
With the vision of growing business and diversifying its influence, Lodes sets forth to bring Italian artistry into the Asia-Pacific region.
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.
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
