Research
Hong Kong Property Market Monitor – December 2023
October retail sales growth moderates to single digit
December 21, 2023
Total retail sales rose by 5.6% in October, the first month of the year to record only a single-digit growth. Read our latest snapshot of the Hong Kong office, residential, retail and industrial property markets.
- Office: One supply is completed in November.
- Residential: Overall transaction volume rebounded by 20.3% m-o-m in November.
- Industrial: Kerry Godown (Fanling I) sold to China Resources for HKD 1.0 billion.