Commercial Office

Grade A office rent drops 1.0%, vacancy up 16.6% in Q2

Grade A office vacancy has reached a record high of 13.8 million sq ft.
4 days ago

What hinders property market recovery in Hong Kong?

The office and residential markets continue to face downward pressure.

Grade A office leasing volume drops 27% QoQ in Q2

The decline was due to major relocations and new project completions.

Grade A office leasing surge 70% YoY in Q2

A total of 964,500 sq ft was leased during the period.

Hong Kong office rents fall amidst high vacancies

Increased competition and market vacancies drive rental prices down.

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.