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…
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…
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…
Hong Kong’s property market showed signs of improving momentum in February 2026, with both the office and residential sectors recording positive activity.
In the office market, Grade A leasing recorded positive net absorption of 143,700 sq ft, supported by demand from the banking sector. Major leasing deals included Standard Chartered Bank taking space at One…
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…
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…
The programme received nearly 200 applications in less than three months, surpassing the total from the previous two and a half years.
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…
In the second quarter of 2024, Hong Kong's overall economic growth stood at 3.3%, mainly supported by continuous growth in the export of goods. Visitor arrivals to Hong Kong totaled approximately 25 million in the first seven months of 2024, which is equivalent to about 70% of pre-pandemic levels. Notably, the rapid growth of non-mainland…
Version: CN
Global real estate giant IQI has made a significant stride with the launch of its inaugural real estate agency office, IQI Hong Kong, in the heart of Asia's financial epicenter.
This strategic move is part of IQI's expansion plan, with six offices slated for unveiling in the first half of 2024.
IQI…
