Office Sector:  Hong Kong’s office market showed signs of recovery in July 2025, with a positive net absorption of 189,500 sq ft, largely driven by a flight-to-quality trend as tenants take advantage of softening rents. While the overall Grade A office vacancy rate improved slightly to 11.6%, certain submarkets like Kowloon East and Wanchai/Causeway Bay…

Hong Kong’s property sector is sending a mixed picture. In June, the office market posted a positive net absorption of 44,200 square feet, led by financial tenants such as TPG 6th Street Partners expanding in Central. Yet office rents slipped 0.5 per cent, with Hong Kong East recording the sharpest drop. On the residential side,…

The Hong Kong leasing market showed a positive net absorption of 192,000 sq ft in May, notably with OKX Hong Kong FinTech Company leasing a floor at AIRSIDE in Kai Tak. Despite the completion of China Merchants Plaza adding new supply, the overall office vacancy rate improved to 13.6%, with Central and Tsimshatsui seeing drops,…

Written by Nelson Li, Head of IQI Hong Kong Hong Kong’s office market showed a modest recovery in April 2025, with a net absorption of 39,700 sq ft, led by notable deals such as The Payment Cards Group Limited’s 12,100 sq ft lease in Tsimshatsui. While the overall vacancy rate remained stable at 13.7%, submarkets…

In February, transaction volumes in the primary market rose to 900 units, while the secondary market saw a decline to 2,300 units, resulting in an overall m-o-m decrease of 11.1%. Mass residential capital values declined by U.(% m-o-m in February. following a 0.4% rebound in January. The government raised the threshold for properties subject to…

Relaxing the CIES to Safeguard the Northern Metropolis Hong Kong’s residential property market has endured a three-year downturn, marked by a structural oversupply of housing units. While lower housing costs and increased availability align with social objectives, this environment has created a critical challenge—a contraction in the future development pipeline and a sharp erosion of…

Residential Market In December 2024, transaction volumes in the primary market fell to 887 units, while the secondary market declined to 3,216 units, resulting in an overall month-on-month (m-o-m) decrease of 15.5%. Mass residential capital values rebounded slightly by 0.2% m-o-m in December, following a 0.8% decline in November The RMB recently weakened beyond 7.3…

HONG KONG PROPERTY MARKET MONITOR Residential In November, the transaction volume in the primary market rose to 2,494 units, while the secondary market saw an increase to 3,804 units, resulting in an overall m-o-m increase of 34.1%. Mass residential capital values declined by 0.8% m-om in November, following a 0.9% decline in October. In December,…