Commercial Office
Hong Kong's green-certified building supply struggles to meet demand
Other APAC countries are experiencing the same.
Hong Kong's green-certified building supply struggles to meet demand
Other APAC countries are experiencing the same.
Hong Kong office rents fall amidst high vacancies
Increased competition and market vacancies drive rental prices down.
Swire Properties’ HK office occupancy holds steady at 93% in Q12024
It also maintained nearly full occupancy at its Pacific Place with 98%.
Hong Kong logs highest occupancy cost in APAC: Knight Frank
The occupancy cost in the city stood at $1,249.89 per square foot per year.
Prime office rentals in Hong Kong plunge 9.5% YoY in Q1 2024
Overall, the Asia-Pacific region's prime office rental market reported a 3.2% YoY decrease.
Hong Kong's prime office market reported a 9.5% year-on...
Kowloon East leasing drives office market growth
The submarket recorded a net absorption of 289,700 sq ft.
Hong Kong houses over 2,700 SFOs: report
Over 500 of these SFOs fall under the US$10m-US$30m wealth level.
Office space at Southmark Tower A in Wong Chu Hang up for sale
The property has a total floor area of 11,438 sq. ft.
Office space at Wyndham Place up for sale
The asset comes with a single parking spot.
HK's office vacancy rate climbs to 12.9% in January
Central experienced a vacancy rate increase to 10.4% by the end of January.
Hong Kong's office landlords resilient amidst tough market conditions: report
S&P believes office landlords will still have relatively low gearing even if fair value drops by another 30%.
Office fit-out cost growth moderates to 2.3% in 2023
Hong Kong is amongst the most expensive markets for fit-outs in APAC.
Grade A office rents drop 6.5% YoY in 4Q23
By 4Q23, average rent stood at $52.9 per sq ft.
Grade A office market logs net absorption of 397,700 sq ft in 4Q23
All submarkets returned to positive territory except for Greater Central.
Grade A office vacancy rises to 12.9% in 2023
The subdued demand led to a 5.3% decrease in overall rents.
Demand for Grade A offices remained subdued, leading to a 5.3% decrease in overall rents...
Grade A office vacancy rates dropped to 12.6% in October
Kowloon saw the most significant improvement in the vacancy rate.
SPF Private Clients opens new office in Hong Kong
The new office will be led by a mortgage specialist.
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