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Hong Kong Property Market Monthly Report - May 2017

MARKET HIGHLIGHTS

  • The Kowloon Grade-A office market stood out last month, with over 100 leasing transactions recorded, involving mainly relocation to Kowloon East.
  • Home sales gained further in April. Although home supply will reach a record 96,000 units in the next 3-4 years, home prices are still set to rise 5-10% this year amid strong demand.
  • The retail market is set to achieve a new normal in the short term and further develop with huge potential in the long run as the city evolves.

Hong-Kong-Property-Market-Monthly-Report

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Content provided by Knight Frank
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