Commercial Office

Hong Kong office rents fall amidst high vacancies

Increased competition and market vacancies drive rental prices down.
5 days ago

Hong Kong office rents fall amidst high vacancies

Increased competition and market vacancies drive rental prices down.
5 days ago

Swire Properties’ HK office occupancy holds steady at 93% in Q12024

It also maintained nearly full occupancy at its Pacific Place with 98%.

Hong Kong logs highest occupancy cost in APAC: Knight Frank

The occupancy cost in the city stood at $1,249.89 per square foot per year.

Prime office rentals in Hong Kong plunge 9.5% YoY in Q1 2024

Overall, the Asia-Pacific region's prime office rental market reported a 3.2% YoY decrease. Hong Kong's prime office market reported a 9.5% year-on...

Kowloon East leasing drives office market growth

The submarket recorded a net absorption of 289,700 sq ft.

Hong Kong houses over 2,700 SFOs: report

Over 500 of these SFOs fall under the US$10m-US$30m wealth level.

Office space at Southmark Tower A in Wong Chu Hang up for sale

The property has a total floor area of 11,438 sq. ft.

Office space at Wyndham Place up for sale

The asset comes with a single parking spot.

HK's office vacancy rate climbs to 12.9% in January

Central experienced a vacancy rate increase to 10.4% by the end of January.

Hong Kong's office landlords resilient amidst tough market conditions: report

S&P believes office landlords will still have relatively low gearing even if fair value drops by another 30%.

Office fit-out cost growth moderates to 2.3% in 2023

Hong Kong is amongst the most expensive markets for fit-outs in APAC.

Grade A office rents drop 6.5% YoY in 4Q23

By 4Q23, average rent stood at $52.9 per sq ft.

Grade A office market logs net absorption of 397,700 sq ft in 4Q23

All submarkets returned to positive territory except for Greater Central.

Grade A office vacancy rises to 12.9% in 2023

The subdued demand led to a 5.3% decrease in overall rents.   Demand for Grade A offices remained subdued, leading to a 5.3% decrease in overall...

Grade A office vacancy rates dropped to 12.6% in October

Kowloon saw the most significant improvement in the vacancy rate.

SPF Private Clients opens new office in Hong Kong

The new office will be led by a mortgage specialist.

Lodes flips the switch at new Hong Kong office to turn on creative minds

With the vision of growing business and diversifying its influence, Lodes sets forth to bring Italian artistry into the Asia-Pacific region.