Hong Kong
Hong Kong primary residential transactions rose to 1,019 units in June
Hong Kong primary residential transactions rose to 1,019 units in June
The total volume declined 9.7% vs the previous month.
Oversupply won’t be an issue in the Kowloon office market by 2024: Knight Frank
New office supply will drop to less than a million sq ft.
Hong Kong office vacancy rate hits 12.6% in June
It’s a marginal increase from the previous month’s 12.4%.
Hong Kong primary residential transactions dropped to 1,000 units in May
Secondary residential transactions were at 3,003 units.
Hong Kong office vacancy rate increased to 12.4% in May
Vacancies in Central rose to 9.2%.
Hong Kong’s hotel capital market to hit USD1b in 2023
Full recovery is expected by next year.
Hong Kong high street shop rents to rise by up to 15% this year
Overall prime retail rents could grow at a slower pace of 5%.
HK issues 9 pre-sale consents for property developments in Q2
Most are residential developments.
Sino Group wins ESG Initiative of the Year - Hong Kong at Real Estate Asia Awards 2023
The project showcases innovation, engagement, and education for a sustainable future.
Here are some of Hong Kong's key industrial lease renewals in Q1
Most of the renewals were driven by 3PL operators.
Hong Kong overall office rents to rise by up to 5% by end-2023
Though submarkets are still expected to endure some rental pressure.
Nan Fung Group takes home win at Real Estate Asia Awards
Its mixed-use commercial development aims to create a sustainable space.
Decentralisation, flight-to-quality trends persist in Hong Kong
Co-working spaces are also seeing increased demand.
Why April home sales were lacklustre in Hong Kong
Primary sales declined by 13.3% during the month.
Hong Kong’s biggest Q1 industrial transactions revealed
One was a deal worth HKD590 million.
These were the notable retail property transactions in Hong Kong in Q1
One is a space that was leased for 12.5% lower than its previous tenant.
Hong Kong office vacancy rate rises to 12.3% in April
The vacancy rate in Hong Kong East alone rose 12.6%.
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