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.

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