Research

Hong Kong Property Market Monitor – November 2024

Prime Rate reduces by 25bps following the recent US rate cut

November 19, 2024

We anticipate that further Prime Rate reductions may be moderate, as the current cuts appear front-loaded. Read our latest snapshot of the Hong Kong office, residential, retail and industrial property markets.

Office: Office vacancy improved in October.
Retail: Retail sales drop narrowed further in September.
Industrial: Aggregate trade growth moderated to 2.9% y-o-y in September.

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