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Hong Kong Property Market Outlook 2026: Residential Values Rise as Office Demand Improves

Residential Values Show Renewed Strength Hong Kong’s residential market remained active in May 2026, although total transaction volume eased slightly to 7,138 units, down by 230 units from the previous month. The secondary market accounted for 4,728 transactions, while primary sales reached 2,410 units. Despite the softer transaction volume, mass residential capital values increased by 2.0% month-on-month, indicating firmer…

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Hong Kong Property Market July 2026: Residential Sales Rebound as Office Leasing Improves

Residential Market Shows Renewed Activity Hong Kong’s residential market recorded a stronger performance in April, with total residential sales transactions rising to 7,368 units, up 1,052 units month-on-month. Secondary market transactions accounted for 4,774 units, while primary sales reached 2,594 units. Mass residential capital values also improved, rising 1.5% month-on-month. In the primary market, One Victoria Cove in Hung Hom sold all 218…

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Hong Kong Property Market June 2026: Residential Demand Stays Firm Despite Office Challenges

Hong Kong's property market continued to show mixed performance in early 2026, with the office sector facing ongoing challenges while residential demand remained relatively resilient. Although leasing activity in some office districts softened, healthy housing transactions and stable home prices suggest buyer confidence remains intact in key residential segments. Office Market Faces Ongoing Pressure The…

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Hong Kong Market Shows Office Stability and Residential Momentum

Written by Nelson Li, Head of IQI Hong Kong  Office Sector  Hong Kong’s Grade A office market posted a strong performance in October, with net absorption reaching 293,300 sq ft—driven by continued consolidation and a flight-to-quality as tenants capitalise on attractive lease terms. Notably, Migao Group Holdings expanded its footprint, leasing over 10,000 sq ft at Cheng Kong Center II in Central.  Vacancy rates continued…

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Hong Kong Property Outlook 2025: Stabilising Momentum and Renewed Activity 

Written by Nelson Li, Head of IQI Hong Kong  Hong Kong’s office sector recorded a positive shift, achieving 143,700 sq ft of net absorption, largely driven by increased leasing activity from banks and multinational firms. The overall office vacancy rate dipped to 13.4%, with Central improving to 11.0% and Wanchai/Causeway Bay easing to 12.0%. Rents slipped marginally by 0.1% month-on-month, though early stabilisation signs appeared in select prime buildings. A notable…

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Private Housing Supply Trends: Hong Kong for 2024-2025

A CLOSER LOOK INTO THE PRIVATE HOUSING SUPPLY Recent market dynamics reveal a complex interplay between strengthening demand indicators and persistent supply concerns. While robust rental growth, population inflows, and moderating mortgage rates signal a recovery in demand, the price war in the primary market and mixed sales performance highlight ongoing supply pressures. The critical…

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