The WPJ

China

Hong Kong's Housing Inventory Spike Will Take 5.4 Years to Digest

According to JLL's latest Residential Market Monitor report, Hong Kong's primary residential market has a total of 79,000 new homes available, which may take about 5.4 years for developers to sell at the current sales velocity.

Demand for Logistics Space at Global Seaports Booms

According to the recent CBRE Global Seaport Review, a 36.5% jump in international shipping container volumes over the past decade is driving strong demand for logistics space near seaports.

Location, Flexibility and Quality Shapes How People Live, Work and Shop in Asia

According to CBRE's latest Asia Pacific Live-Work-Shop Report, while the adoption of hybrid work continues to have a major influence on where consumers are choosing to work and live, more people in Asia Pacific are actually planning to move closer to city centers.

Global Residential Rents Continue to Climb Despite Worldwide Economic Uncertainties

According to international property consultant Knight Frank, prime residential rents continue to rise but the rate of growth is slowing. Across ten global cities luxury rents increased 10.2% on average in the 12 months to Q3 2022, down from a high of 11.9% in Q1 2022.

China Property News












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