Hong Kong Property Market Monitor – November 2022

Primary home sales volume drops as confidence weakens 

November 18, 2022

Due to worsening economy and the lack of relaxation of restrictive measures, primary transaction volume and mass residential capital values dropped further in October. Read our latest snapshot of the Hong Kong office, residential, retail and industrial property markets. 

  • Office: Positive net absorption mainly driven by new supply.

  • Retail: Market sentiment mildly picked up in September.

  • Industrial: Investment sentiment slightly lifted on the back of self-storage operators demand.

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