Hong Kong
Hong Kong office lettings down 14% in July
Monthly net take-up was -277,100 sq ft, the 12th consecutive month of negative figures.
Hong Kong office lettings down 14% in July
Monthly net take-up was -277,100 sq ft, the 12th consecutive month of negative figures.
Hong Kong home sales down 12% to 6,133 in July
With the emergence of the third wave of COVID-19, the growth in mass residential capital values slowed to 0.2% m-o-m, compared to a 3.2% increase in the previous month.
Hong Kong high street shop rents to decline by up to 40% in 2020
High street shop rents fell 10.1% in Q2 amidst the hiking vacancy pressures.
Hotel investment sales in Asia plummet 71.7% to US$1b in Q2
The most liquid markets were Japan and South Korea.
Hong Kong home prices to drop 5% as unemployment reaches record highs
Knight Frank says there is a strong negative correlation between mass residential prices and unemployment.
Real estate investments in APAC hotel, retail sectors plummet by up to 61%
But volumes have yet to hit 2008/09 lows.
Asian buyers shifting to holiday homes abroad in post-COVID purchases
Pre-COVID, Asian buyers were looking at investment returns when purchasing properties. Now they are interested in properties that can offer them lifestyle.