Hong Kong Sales & Investment Briefing

While Occupy may impact investment sentiment if it is prolonged, in particular overseas investors who may demand higher risk premiums, for now the strong fundamentals of most sectors remain relatively unscathed.

November 2014

 
  • Pro-democracy protests have had a limited impact on some sectors, namely residential and office, while retailers in specific locations have been negatively affected.
  • Primary residential sales and the en-bloc market were in buoyant mood given active developers’ launches and sustained investment interests.
  • Luxury apartment prices rebounded by around 1% in Q3/ 2014, with the majority of transactions reported in prime areas.
  • Office transaction volumes rebounded in the face of strong end-user interests in both traditional and decentralised office areas.
  • First decline in prime street shop prices in five years reflected weakness in the top-end retail market.
  • Both value and volume of major industrial transactions increased, with continued interest from both investors and end users.
  • Most sectors will look to stabilise during 2015, while we may see a 5% to 10% decline in prime street shop prices and rents.
 
 

Key contacts

Simon Smith

Simon Smith

Senior Director / Head of Research & Consultancy
Research & Consultancy

Two Exchange Square

+852 2842 4573

 

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