Commercial Property
Overall vacancy rate for Grade A office up slightly 9.4% in June
Vacancy rate in Central rose from 7.6% to 7.9%.
Overall vacancy rate for Grade A office up slightly 9.4% in June
Vacancy rate in Central rose from 7.6% to 7.9%.
Hotel investments in HK swells 70.5% in H122
The market reported $3.9b (US$504m) total sales volume.
Grade A office rents to decrease by 2% due to new office supply
There could be 3.9 million square feet of new Grade A supply.
Capital market recovery stays slow amidst Fed interest hike: Colliers
Total investment volume for the first half of 2022 was down by 15%.
Commercial properties investment volumes down 37.9% in H122
It posted $29.2b worth of investment in the first half of 2022.
Yanlord’s Suhe Century project sold out with $5b pre-sales
The property's average selling price was $155,290 per sqm.
Fifth wave pushes back retail market in H122
Rents of high street shops and prime shopping centres dropped 9.8% and 4.8%, respectively.
Grade A office market logs net absorption of 1.25 million sq ft in H122
Leading the market in recovery is the Central segment.
Commercial real estate investment deals hit $16.0b in Q2
This translates to a 17.5% increase from last quarter.
Leasing demand for Grade A office down 23% in Q2
Limited inspection activity caused the decline in leasing demand.
High-street shop vacancy rises to 16.5% in Q2 22
Amongst core districts, Tsim Sha Tsui had the biggest vacancy rate.
High-street shop vacancy rose 1.3 percentage points from Q122 to hit 16.5% in Q2...
Hong Kong is 3rd most transparent property market in Asia
It recorded an overall score of 1.98.
Small workspace demand up 29% in 2021 due to hybrid setup
The supply for flexible workspace is expected to grow by 15% in 2023.
Waterfront Site at Hoi Yu Street tender closing date moved to 25 July
The original closing date was 7 July.
The tender for The Remaining Portion of Inland Lot No. 8590 and The Remaining Portion of Inland Lot No. 8723...
Zenity, rare riverside project, to launch in Vietnam: CLD
The launching includes foreign quotas with starting prices from $617,495.
Will Kowloon West become the heart of HK's office market?
Colliers said 29% of the next five-year Grade A office supply will be coming from the area.
Property on pause? Experts say recovery for companies in the sector will be delayed
Moody's Investors Service sees a 4% decline in full-year earnings of 11 companies.
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