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Here’s what to expect from Hong Kong’s luxury home market this year
Prices could grow 3-5%, but not until the second half of the year.
Here’s what to expect from Hong Kong’s luxury home market this year
Prices could grow 3-5%, but not until the second half of the year.
Hong Kong luxury residential transactions slump 39% to 618 in Q4
These are for transactions above HK$20 million.
Hong Kong residential market sluggish as mortgage debt levels hit record highs
Debts reached HK$1,720 billion in November 2021.
Hong Kong retail space supply won’t rise until 2023
There are only three projects slated for completion this year.
Art dealers, crypto firms, coworking spaces drive Hong Kong office demand
Christie’s took around 50,000 sq ft in The Henderson in late 2021.
Hong Kong to see 4m sq ft of new office spaces this year
Rents will remain under pressure with a 15% decline expected over 2022.
Hong Kong luxury residential rents broadly flat in Q4
Rents on Hong Kong Island inched up 1% during the quarter.
Hong Kong overall warehouse rents rebound 1.4% in Q4 2021
Vacancies declined to 3.1% in the same period.
Renew or relocate: What did Hong Kong logistics operators do in Q3?
Some operators opted to renew as early as 9 months before their lease expired.
Hong Kong office rents to drop by 10% in 2022
This is due to elevated supply levels and uncertain demand from the Mainland.
Hong Kong industrial investment hits US$939m in Q3
There were 17 major deals worth over US$12.8m each.
F&B a silver lining for Hong Kong retail
Luxury brands are still wary of going to the high streets.
Hong Kong Grade A office rents slip 1.5% in Q3
Rents declined in all major submarkets while Kowloon rents proved more resilient.
Konnichiwa: Japanese tenants scout for serviced apartments in Hong Kong
Their monthly budgets range from HK$40,000 to HK$50,000.
Everything you need to know about Hong Kong’s luxury leasing market right now
Single executives and young couples, not families, are driving demand.