Research
Hong Kong Monthly Market Dynamics – January 2025
Overall office vacancy rate rises slightly in December
January 23, 2025
The overall office vacancy rate rises slightly to 13.2% as at end-December. Hong Kong East and Kowloon East’s vacancy rise to 12.4% and 18.6%, respectively, while vacancy in Central remains at 11.6%. Read our latest monthly market dynamics of the Hong Kong office, residential, retail and industrial property markets.
- Residential: Mass residential capital values rebound in December.
- Retail: China Resources Longdation reportedly acquires five shopping arcades from Hong Kong Housing Society for HKD 1.0 billion.
- Industrial: The leasing market witnesses more renewals while new lettings remain constrained.