Hong Kong Sales & Investment Briefing

While activity in the industrial sector slowed with limited stock, both the residential and office sectors recorded some significant deals. The retail sector looks set to lag this year, but the expected correction may be beneficial to the long term sustainability of the sector.

June 2015

 
  • While no billion-dollar deals were recorded in the commercial sectors, the record transaction of Ho Tung Garden spurred investment interest in the luxury residential market.
  • Luxury apartment prices rose by 2.5% in Q1/2015, while townhouse prices rebounded by 3.3%.
  • The office market regained some momentum in May as several landmark deals energized investors.
  • The prime retail market continued to drift but cut price deals in the most affected areas have yet to be recorded.
  • En-bloc industrial deals were still evident, though on a much smaller scale than last quarter, with redevelopment potential the key theme behind such purchases.
  • While the retail sector may lag behind other markets this year, its correction in both prices and rents may be beneficial to its long term sustainability.
 
 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

Two Exchange Square

+852 2842 4573

 

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