Hong Kong Office Market Update

The past year has seen a mixed performance in Hong Kong’s commercial real estate sector, with a discernible dip in investment but a slight uptick in office and retail leasing activities.

• Looking ahead, the Hong Kong office market is expected to face continued headwinds in the short to medium term, with demand and supply imbalances and global economic uncertainty likely to keep rents under pressure.


• However, the city’s strategic importance to the Greater Bay Area and its status as a global financial centre suggest a sustained demand for high-quality office spaces.


• Amid these challenges, new and future office developments are set to shape the city’s commercial real estate landscape.