Hong Kong Real Estate News
Hong Kong
Hong Kong Luxury Properties Enjoy First Rent Increases in 2 Years
According to JLL's most recent Hong Kong Residential Sales Market Monitor Report, luxury residential rents in Hong Kong recorded an increase of 1.4% in the second quarter of 2021, the first quarter-on-quarter rise since the third quarter of 2019.
Worldwide, 1 in 4 People Are Looking to Move in Coming Year
International property consultant Knight Frank's latest Global Buyer Survey released this week analyzed the impact that Covid-19 had on residential buyers' attitudes to purchasing homes around the world.
Hong Kong Office Absorption Dips in July
International property consultant JLL's latest Hong Kong Property Market Monitor is reporting this week that net absorption in the overall office market decreased to -89,000 sq. ft in July 2021, as corporate downsizing activities have abated recently.
Global Commercial Investment Returns with a Vengeance in 2021
According to global property consultant CBRE, with vaccinations ramping up and economies reopening worldwide, global commercial real estate investment volume grew by 98% year-over-year to $260.4 billion in Q2 2021.
