Research

Hong Kong Monthly Market Dynamics – February 2025

Retail sales fall 7.3% in 2024 after a solid growth in 2023

February 19, 2025

Despite lingering sales decline, retail leasing and investment markets continue to see notable activity amid ongoing tourism revival. Read our latest monthly market dynamics of the Hong Kong office, residential, retail and industrial property markets.
 

  • Office: Central vacancy improves in January.

  • Residential: Unsold units in completed projects rise by 28.5% q-o-q to 26,600 units.

  • Industrial: Reitar Asset Management obtains approval for the building plan of a fully autonomous warehouse -- Comboxx in Yuen Long in November 2024.

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