Hong Kong’s tourism and retail sectors show strong growth
Unemployment rates are dropping, and the city looking to make industries more value-added and technology-focused
Unemployment rates are dropping, and the city looking to make industries more value-added and technology-focused
An old policy is being revamped and re-established to benefit investors
Luxury properties are a favourite amongst the buyers
Sky-high interest rates and enduring pandemic restrictions are among the pain points for Hong Kong’s property market as prices continue their slide
The property market saw a three percent contraction in H1 2022 while housing rent fell two to three percent during the same period
Leasing activity in the office market has improved substantially since April, and the decline in Grade A office rent has recovered
HKTB has been working closely with organisers of international arts events who want to expand their reach on a global scale
Many changes are also being implemented in May in terms of travel restrictions
The flight ban was announced on 8 January due to the prevalence of the Omicron variant in the country
Cushman & Wakefield’s study showed that Hong Kong placed second in the Asia Pacific region and sixth in the world
Claude Touikan, Lead8 Co Founder & Executive Director, has spoken with PropertyGuru Property Report magazine for their latest issue
Property tycoons and brokers get in on the action, particularly seeing the country’s scarcity of real estate
Hong Kong’s status as a hub for monied expatriates has been endangered by a range of factors and the luxury rental sector is suffering
The price growth of mid-sized flats outperformed Class A properties and the overall market
Interest in house purchasing among locals dipped to 13 percent in the third quarter of this year
Retail rental income for rated companies is said to climb as borders reopen to mainland China
Digital acceleration is also driven by the government’s push for development in innovation and technology
The city’s office rental market is gradually recovering, seeing “net absorption” for the first time in two years
Emerging concepts like art exhibitions and delivery-only kitchens are changing the city’s retail landscape
The segment slowed down due to travel restrictions and the decline in expat arrivals
The city’s strong buying interest made the flats an easy sale
Local tenants have taken advantage of reduced rents to upgrade to better quality projects
The overall volume of property transactions is expected to surpass HKD628.4 billion in the first eight months
Analysts say that the property market’s recovery is driven by low-interest rates that make mortgage repayments achievable