Skip Ribbon Commands
Skip to main content

Valuation Advisory

Comprehensive real estate valuation for an extensive range of property types

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Knowledge is power in investment decisions. We provide a comprehensive range of real estate valuation services and consultancy advice to suit your needs.

Whether you are a portfolio owner, an institutional investor or a lender, timing is critical in realis​​​ing real estate capital appreciation. It is important to know precisely what a single property – or a global portfolio – is worth in the face of rapidly changing markets. 

Our team has a proven track record in working with both local and multinational clients in Hong Kong and across the Asia Pacific region. We can provide you with sophisticated and impartial valuation and consultancy advice in strategic planning, initial public offering, sales and disposal, financial reporting, and finance and capital raising.​​

Clients turn to us for sophisticated and impartial real estate appraisals on properties ranging from office buildings and retail centres to industrial warehouses an​d mixed-use developments. Backed by our award-winning research, we look beyond present value assessments to understand market trends, competing assets and projected income. You can trust JLL with your property valuation requirements.

In the News

Mainland Chinese developers flood Hong Kong's residential market

CK Lau, Head of Valuation Advisory Services, spoke to TVB's Money Magazine.

Read more

Small flats cannot solve the long-term housing needs of Hong Kong

Dorothy Chow, Regional Director of Valuation Advisory Services, commented in South China Morning Post.

Read more​

Related news and research

 

 

Debunking Hong Kong's Land Supply Dilemma/hong-kong/en-gb/news/special/80/jll-capital-markets-hong-kong-land-supply-housing-2018Debunking Hong Kong's Land Supply DilemmaTime to step back and review land supply options before getting drawn into the swirl of debate0x01003D5B69DBCEFF8A4DAC22CC12D9F11F5400DDF22EA79146E94B845EEA7D83479B64
Hong Kong Retail Evolves as Sales Surge/hong-kong/en-gb/news/special/77/jll-retail-retailer-survey-hk-2018Hong Kong Retail Evolves as Sales SurgeOptimism abounds, with visitor arrivals and local spending increasing 0x01003D5B69DBCEFF8A4DAC22CC12D9F11F5400DDF22EA79146E94B845EEA7D83479B64
Vacancy in Kowloon East Offices Drops to Below 10% for the First Time in 12 Months/hong-kong/en-gb/news/687/kowloon-east-office-vacancy-drops-july-2017Vacancy in Kowloon East Offices Drops to Below 10% for the First Time in 12 Months<p style="text-align:justify;"><strong>HONG KONG, July 2</strong><strong>3</strong><strong>, 2018</strong> – Rents in the overall office market grew 0.9% m-o-m in June, bringing growth for the first half of 2018 up to 3.6%, according to the latest <a href="http://www.jll.com.hk/hong-kong/en-gb/research/367/2018-property-market-monitor-hkg-jul-2018">Property Market Monitor</a> released by JLL.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Central led the way with rents growing by 1.4% m-o-m on the back of a 1.5% m-o-m increase in Grade A3 offices, followed by Tsimshatsui where rents advanced by 1.1% m-o-m as vacancy remained anchored below 2% for the third consecutive month. In Kowloon East, strong take-up helped push vacancy to below 10% for the first time in 12 months and rents grow by 0.2% m-o-m.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">Despite a 63% m-o-m drop in new lettings, net take-up in the overall market amounted to 106,600 sq. ft. in June. In the most notable new letting, AIA leased about 100,000 sq. ft. at Hopewell Centre in Wanchai, relocating from AIA Building at Stubbs Road. The month also saw a couple of fintech firms expanding in the market, including Block One reportedly leasing 16,600 sq. ft. at The Centrium in Central while another fintech player was said to have leased 29,700 sq. ft. at Lee Garden One in Causeway Bay.</p><p style="text-align:justify;"> </p><p style="text-align:justify;">In the investment market, PRC-backed Henglilong Investments' acquisition of Cityplaza Three and Cityplaza Four from Swire Properties at HK$15 billion set a new record high for the Hong Kong East office market, in terms of total consideration. Concurrently, investment activity in the industrial market is heating up, with several en-bloc properties sold during the month, including the sale of Lot 46—formerly Nan Sing Industrial Building before being revitalised into an office building—in Kwai Chung to mainland developer Aoyuan Property Group for HK$950 million.</p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Paul Yien</strong><strong>, Regional Director of Markets at JLL,</strong> says: "New economy players are fueling the boom in Hong Kong's office market. Fintech companies, in particular, have been active tenant in recent months. In signs of how scare office space has become in Central, these firms are keen to explore and extend their office footprint beyond Central and into other non-core business districts, such as Hong Kong East and Kowloon East, as they hunt for suitable premises. With vacancy in Central remaining tight, we expect this trend to continue over the next few quarters."</p><p style="text-align:justify;"> </p><p style="text-align:justify;"><strong>Denis Ma, Head of Research at JLL</strong>, adds: "The sale for Cityplaza Three and Four to Hengligong Investments is just the latest example of PRC investors buying en-bloc Grade A office buildings outside of Central. Their focus, however, remains on turnkey assets that have high visibility from both the Hong Kong Island and Kowloon shoreline. Looking ahead, this trend will only be limited by the availability of such assets though the aggressive prices being offered could sway more owners to part ways with their assets."    </p><p style="text-align:justify;"> </p><p style="text-align:justify;"> </p><table cellspacing="0" width="100%" class="ms-rteTable-default"><tbody><tr><td class="ms-rteTable-default" style="width:14.2857%;"><strong>Grade A Office Vacancy Rates</strong></td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td><td class="ms-rteTable-default" style="width:14.2857%;">​</td></tr><tr><td class="ms-rteTable-default"><strong>Period</strong></td><td class="ms-rteTable-default"><strong>Overall</strong></td><td class="ms-rteTable-default"><strong>Central</strong></td><td class="ms-rteTable-default"><p style="text-align:justify;"><strong>Wanchai /</strong></p><p style="text-align:justify;"><strong>Causeway Bay</strong></p></td><td class="ms-rteTable-default"><strong>Hong Kong East</strong></td><td class="ms-rteTable-default"><strong>Tsimshatsui</strong></td><td class="ms-rteTable-default"><strong>Kowloon East</strong></td></tr><tr><td class="ms-rteTable-default"><strong>End-Jun 18</strong></td><td class="ms-rteTable-default">4.2%</td><td class="ms-rteTable-default">1.6%</td><td class="ms-rteTable-default">2.0%</td><td class="ms-rteTable-default">2.2%</td><td class="ms-rteTable-default">1.6%</td><td class="ms-rteTable-default">9.9%</td></tr><tr><td class="ms-rteTable-default"><strong>End-May 18</strong></td><td class="ms-rteTable-default">4.3%</td><td class="ms-rteTable-default">1.4%</td><td class="ms-rteTable-default">2.3%</td><td class="ms-rteTable-default">2.3%</td><td class="ms-rteTable-default">1.6%</td><td class="ms-rteTable-default">10.2%</td></tr></tbody></table><p><strong><em>Source: Research, JLL</em></strong><br></p><p><br></p>0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88

 

 

The Office Index 2Q 2018/asia-pacific/en-gb/research/965/the-office-index-2q-2018The Office Index 2Q 2018Healthy demand supports robust leasing activity0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Hong Kong Property Market Monitor - August 2018/hong-kong/en-gb/research/373/2018-property-market-monitor-hkg-aug-2018Hong Kong Property Market Monitor - August 2018Grade A office vacancy further tightens0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Asia Pacific Property Digest - 2Q 2018/asia-pacific/en-gb/research/966/asia-pacific-property-digest-2018-2qAsia Pacific Property Digest - 2Q 2018Markets remain resilient0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045