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Hong Kong

Asia Pacific Commercial Property Investment Upticks 3 Percent in Q4

According to new data by global real estate consulting firm JLL, commercial real estate investment in Asia Pacific rose 3% year-on-year (YoY) in Q4 2023 to $31.6 billion, reversing seven consecutive quarters of decreasing volumes.

Japan is Top Cross Border Commercial Property Investment Target in 2024

According to CBRE's 2024 Asia Pacific Investor Intentions Survey, Japan is the top target for cross-border real estate investment in Asia Pacific for the fifth consecutive year, with investors focusing on Tokyo, Osaka, and other major regional cities.

Hong Kong New Residential Construction Completions to Implode 44 Percent by 2026

Based on JLL's latest Hong Kong Residential Market Monitor Report, JLL forecasts annual private housing completion in 2026-2028 to decrease 44% compared to 2023-2025.

Global Cities Residential Price Growth Recovers as Interest Rate Cuts Begin

According to property consultant Knight Frank, global housing markets continue to display healthy price growth in late 2023, despite the record rise in interest rates since late 2021. Across our basket of world cities, average prices only experienced a decline on a quarterly basis in the final quarter of 2022, after which prices have risen by 2.7%.

Hong Kong Property News












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