Knight Frank

Founded in 1896 and headquartered in London, UK, Knight Frank is one of the world's leading independent real estate consultancies.

See below for the Latest Knight Frank News, Analysis, Profit Results, Share Price Information, and Commentary. 
 

Hong Kong, Singapore amongst leading markets in super-prime home sales

A total of 67 and 37 sales were recorded in Hong Kong and Singapore in the first quarter, respectively. 

Hong Kong, Singapore amongst leading markets in super-prime home sales

A total of 67 and 37 sales were recorded in Hong Kong and Singapore in the first quarter, respectively. 

Retail sales value in January grew 7% YoY

The total value is at $36.2b driven by the return of tourists.

Demand for co-working spaces went up in February

Knight Frank said the volume of new letting sales doubled in Kowloon.

HK is 5th top market for super and ultra-prime properties

It is one of the two markets in Asia that made the top 10.

‘Sluggish’ economy drags residential market: report

The overall stamp duty revenue dropped 41.9%YoY in 2022. 

Hong Kong retail market momentum depends on full border reopening

Retail sales for the first nine months slightly dipped by 1.3% YoY.

Office rents to decline 3%-5% in 2023: report

The demand will remain sluggish due to global and local economic situations.

Retail street rents to decline 10-15% YoY in 2023

Retailers are not optimistic about the sector’s outlook, according to Knight Frank.

First-hand, second-hand residential transactions to hit new low in 2022

Transactions will reach between 48,000 to 53,000 in 2023 from 45,000 in 2022.

Tenement buildings in Kowloon sold for $260m

It was sold to Apex Intelligence Limited.

Rising interest rates, weakening economy dampen residential property demand

Residential sales were down 18.8% MoM in October, according to the Land Registry.

Over 4,800 hotel units to be converted into homes

The TPB has received at least seven planning applications since 2020. 

Hotel performance improves in first 8 months: Knight Frank

This is due to the rebound of tourist arrivals by 234% YoY.

Hotel sector recovery will be slow: Knight Frank

The market’s tourism industry is seen to remain weak in the short term.