About HKTDC | Media Room | Contact HKTDC | Wish List Wish List () | My HKTDC |
Save As PDF Email this page Print this page
Qzone

Hong Kong Property Market Monthly Report - August 2017

New flat supply to peak and price growth slows

Office

Relocation demand for Grade-A offices remained strong, with tenants attracted by affordable new space on Hong Kong Island and in Kowloon East.

Residential

Home sales plunged in July with fewer primary units launched. Home prices continued to rise and could grow further, but at a slower pace amid rate rises and increasing supply.

Retail

The retail market continued to recover. The remainder of 2017 is expected to see steady growth, with more realignments for retail stores.

 

  • Relocation demand for Grade-A offices remained strong, with tenants attracted by affordable new space on Hong Kong Island and in Kowloon East.
  • Home sales plunged in July with fewer primary units launched. Home prices continued to rise and could grow further, but at a slower pace amid rate rises and increasing supply.
  • The retail market continued to recover. The remainder of 2017 is expected to see steady growth, with more realignments for retail stores.

 kf

To view the full article, please go to page top to download the PDF version.

Content provided by Knight Frank
Comments (0)
Shows local time in Hong Kong (GMT+8 hours)

HKTDC welcomes your views. Please stay on topic and be respectful of other readers.
Review our Comment Policy

*Add a comment (up to 5,000 characters)