Commercial Property
Grade A office rents may drop 5-10% in 2025 amid weak demand
Grade A office rents may drop 5-10% in 2025 amid weak demand
Retail rents for both High Street shops and Prime shopping centers may decline by 0-5% in 2025.
5 hours ago
Home prices may rise up to 5% amid strong first-hand sales demand
Transactions may reach 55,000-58,000 units, driven by first-hand sales contributing 35-40%, the highest level since 2004.
18 hours ago
Don’t let ESG gaps affect your asset’s value
The day when ‘brown discounts’ on property become a genuine concern for stakeholders is drawing nearer. A brown discount is an asset’s loss in value...
1 day ago
Hong Kong construction output up 4.8% YoY in Q3
Public sector construction increased 29.8% to $30.4b nominally.
1 day ago
Land sales revenue falls behind fiscal goal, totaling $3.7b by October
It represents only 11.2% of the government's target of $33b.
6 days ago
Bonhams builds new headquarters in Hong Kong
It joins Sotheby’s, Phillips, and Christie’s, which have all upgraded their local spaces.
New World completes sale of full stake in Kai Tak Sports Park to CTFE
The completion was done on 29 November.
HK announces 3 pilot areas of land disposal in Northern Metropolis
Each pilot area covers private residential, industry, and public facility sites.
HK is seventh most active real estate market in APAC
However, the office rental growth index has been in decline since 2023.
Buildings Department approves 7 building plans in September
It also issued 16 occupation permits.
Hongkong Land’s Q3 profit rises on China build-to-sell completions
However, the company will no longer pursue new standalone build-to-sell projects.
Whole 13th floor of office space in Tsim Sha Tsui up for sale
This is the first time in nearly 40 years that the property has been listed for sale.
HK sees negative net absorption in Q3 after 4 positive quarters
Net absorption fell to -0.02 million square meters.
Link REIT widens losses to $3.7b in H1 despite higher NPI
NPI rose by 5.8% YoY.
Full-floor office at Wan Chai’s Convention Plaza for sale after 33 years
It spans approximately 16,225 square feet.
Country Garden's contracted sales hit $4.68B in October
Meanwhile, its GFA attributable to the shareholders reached 0.45 million sqm.
Commercial real estate downturn spreads to banks
Post-pandemic recoveries in HK and the mainland were weaker than expected.
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Don’t let ESG gaps affect your asset’s value