Commercial Property

State of the real estate: How the property market performed in October

Knight Frank cited trends that affected the performance of the market.

Net effective Grade A office rents rise 0.2% MoM in October 

This marks the first expansion for the market since May 2019.

Commercial property deal volume falls by 38% YoY in Q3

This marks HK’s first contraction after four consecutive quarters of expansion

Central's office rent grows for 2nd consecutive month

The 0.6% growth was driven by premium office space in the submarket.

Property sales dip 6% MoM in September

Year on year, however, property sales are up 12.4%.

Hong Kong’s office net absorption negative for 8th consecutive quarter 

This marks the country’s longest local market down cycle in history.

How Hong Kong’s real estate scene will fare in agents’ eyes

Residential prices, as well as retail and office rents, will likely grow in 2022.

Flexible office space offsets corporate downsizing: JLL

Leasing momentum in the retail market continues to improve in August 2021.

Office property market to recover despite high vacancy rates

Analysts expect it to enter the last phase of its down-cycle.

Architects to remodel Hong Kong into a greener, more future-ready city

Highly integrated design and infrastructure that will further link Hong Kong into the Greater Bay Area are expected in the next year.

SIUD profit falls 41.6% YoY to $207.2m in H1 2021

This is despite a 44.3% YoY increase in revenues during the period.

Fundraising issues cloud growth prospects in property investment

Investors are now facing challenges in sourcing funds despite growth in capital seen in the past year.

KWIH records $780m profit in H1

Its underlying profit dropped to $490m.

Henderson Land Development profit up to $6.61b in H1

This is much higher than $2.85b in the same period in 2020.

SG, HK office rental premium gap down to 108%: Cushman & Wakefield

This is coming from a 135% gap in 2015 and a peak of 173% in 2017.

Sansheng Holdings soars threefold to US$96.42m in H1

This is up from RMB159.2m (US$24.5m) in the first half of 2020.