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Hong Kong Residential Sales Market Monitor - May 2020
JLL Names Siddharth (Bobby) Mehta Chairman of the Board of Directors
Apparel companies adjust as coronavirus impacts retail
Hotels focus on safety for guests eager to travel after COVID-19 lockdowns
E-learning, traffic patterns and off-campus housing are all part of complex strategies to bring students back
Virtual property tours are offering investors and occupiers a way through restrictions on site visits during the COVID-19 pandemic
From housing healthcare workers to serving as quarantine quarters, hotels are pivoting to increase occupancy during COVID-19
Grocers are adapting to meet online and in-store demand as people shelter in place
Quarantine measures are forcing landlords and retailers to think outside the box
Maintaining strong economic growth in Southeast Asia means preparing for rising sea levels
Picture-perfect murals have moved from illegal to mainstream as property owners and companies hire graffiti artists
The COVID-19 outbreak has been dominating headlines for weeks now. While we, as individuals and businesses, remained focused on the health and well-being of our families, friends and environment, there are clear near-to-medium term implications for the real estate community that this outbreak brings to the forefront
Corporate giants are increasingly backing the move to net zero with ambitious sustainability commitments.
Around the world, foodservice brands are eyeing new overseas markets to drive growth.
Hong Kong’s elderly population is set to double between 2016 and 2036. With many of these individuals holding net assets of more than HK$10 million, there exists an opportunity for the development of high-quality elderly homes. Read more.
Sun Hung Kai Properties won the tender for a site atop the West Kowloon Station in November 2019. This marks one of the most notable Hong Kong land sale transactions of the year due to the sheer size of the development and the record price tag.
There is a growing consensus that the property market has reached a cyclical peak. With the Hong Kong property market potentially on the cusp of a broad based correction, we believe that there are two critical steps that the government must take to cushion the market’s downside risks. View details.
Asian cities are moving up the innovation rankings, with Tokyo, Singapore and Beijing among the top five in JLL’s report on the most innovative cities globally, yet Hong Kong will need to attract more investment in R&D if it is to become one.
An integrated Greater Bay Area (GBA) has the potential to shape and accelerate the development of real estate markets across the region.
Japanese corporates, particularly those in the retail sector, account for the largest groups of foreign companies in Hong Kong. In 2018, most new retailers (22%) entering Hong Kong came from Japan, per JLL data.
The number of completed private flats in Q1 2019 fell to the lowest level since Q1 2015 after the Hong Kong government moved closer to implementing its proposed vacancy tax, according to figures released by Hong Kong’s Transport & Housing Bureau.
Currently, data centers in Asia Pacific are witnessing a surge in demand from both corporate users and investors. Find out more!
Green buildings are a key part of the solution to battle climate change. A building is classified as green if it meets certain defined criteria such as energy sustainability, water efficiency and environmental protection.
Read up on the latest property sales trends in Hong Kong's residential industry. Click to view JLL's May 2020 Residential Sales Market Monitor.
Read up on the latest property sales trends in Hong Kong's residential industry. Click to view JLL's April 2020 Residential Sales Market Monitor.
The commercial leasing market has been hit the hardest at a time when many occupiers are focused on managing real estate costs where possible. Read our latest snapshot of the Hong Kong office, residential, retail and industrial property markets.
Read up on the latest property sales trends in Hong Kong's residential industry. Click to view JLL's March 2020 Residential Sales Market Monitor.
Hong Kong’s retail market has entered a deep winter amid the threat of the COVID-19 outbreak. Given the serious repercussions, many landlords have offered rental relief for tenants.
Seasonal home sales recovery to be pushed back in the Year of the Rat
After the holiday season failed to lift consumer sentiment, the retail market fallout in Hong Kong will likely be further aggravated by the novel coronavirus outbreak
Read up on the latest property sales trends in Hong Kong's residential industry. Click to view JLL's January 2020 Residential Sales Market Monitor.
The weakened economic outlook combined with the social unrest continues to impact sentiment within the residential sales market in Hong Kong. Read our latest snapshot of the Hong Kong office, residential, retail and industrial property markets.
Download your copy of JLL's Foodservice Trends 2020 report, exploring the areas behind the global F&B market growth and regional influences.
The recent domestic and external headwinds have impacted sentiment within Hong Kong. However, will the expected property market correction in 2020 provide some respite for occupiers who have dealt with increasingly high rental levels over the past decade?
Read up on the latest property sales trends in Hong Kong's residential industry. Click to view JLL's December 2019 Residential Sales Market Monitor.