Hong Kong Sales & Investment

As the impact of the DSD starts to wane and interest rates are likely to remain low in the near future, we note more end users purchasing office and industrial properties, while some investors have been lured by the suburban retail story.

August 2014

 
  • Both end users and investors sought en-bloc buildings with different agendas.
  • Luxury apartment prices were stable in Q2/2014, with transactions mainly focusing on good quality stock in traditional areas.
  • The sale of East Tower, One Bay East is a prime example of an end user wanting to secure a place of business in the new and vibrant Kowloon East area.
  • While the core retail area remained subdued, we saw increasing investment interest in fringe retail areas due to the emergence of suburban retailing.
  • The industrial sector was active with both end users and investors looking for suitable targets.
  • With immense en-bloc interest regenerating market sentiment in the commercial and industrial sectors, we expect volumes to gradually pick up in the second half of the year.
 
 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

Savills Two Exchange Square

+852 2842 4573

 

Subscribe to Savills research

 

Would you like to be notified via email about new research?

ADD/EDIT BLOG TAGS