Research
Hong Kong Residential Sales Market Monitor - August 2021
Luxury Rents Bottoming Out?
August 31, 2021
According to JLL, rental values of Grade A office and high street shops continued their downward trends, dropping by 2.9% and 3.2% in 2Q21, respectively. During the same period, luxury residential rents recorded an increase of 1.4%, the first q-o-q rise since 3Q19. User demand for high-end properties appeared to return amid the stronger-than-expected economic recovery. Read up on the latest property sales trends in Hong Kong's residential industry. Click to view JLL's August 2021 Residential Sales Market Monitor.