18 Jan 2018
Interest-rate rise is not expected to drag down home prices in 2018
Grade-A office market activity was slow in December 2017, but there were still a few major sales and leasing transactions. Rents in Central are expected to further increase in 2018.
Overall home sales volume decreased month on month in December, but the luxury sector remained robust. Mass and luxury prices will increase 5% and 8% respectively in 2018.
Retail sales and visitor arrivals figures remained positive, but retail rents are set to drop another 5-10% this year, with a lack of major expansion and new entry plans from retailers.
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