2022-08-30-莱坊-Hong_Kong_Monthly_August_2022_4页_327kb

报告摘要

Leasing Activity: Leasing activity remained stagnant, with tenants delaying decisions due to weak economic performance. Hong Kong Island saw a negative absorption, with vacancy rate rising to 9.2%. Kowloon also experienced a slowdown.
Rentals: Office rents declined, with overall vacancy rates reaching levels not seen since 2003. Hong Kong Island office rents fell to HK$74 per sq ft, while Kowloon saw average rents at HK$26.9 per sq ft.
Supply Concerns: New supply is increasing, adding to existing pressure on the market. Projects like Henderson, Cheung Kong Center II, and Queen's Road East Redefinition continue to compete with Grade A properties.

Secondary Sales: Cooling in the secondary market as rising interest rates and market sentiment weigh on buyers. Residential sales volume in July declined by 23%. Non-local buyers reduced their purchases by 47%.
Primary Market: Primary market saw sales driven by new launches, including the first day sale of One Innovale – Archway. Secondary home sales exerted downward pressure on prices.
Rental Market: Leasing market remained stable, with notable transactions at high-end properties, though rental indices showed a decline in demand for prime locations.

Performance: The retail market remained vulnerable due to the absence of inbound tourism and declining sentiment, with a 2.6% YoY drop in retail sales. High-end brands continued to focus on prime areas.
Rental Pressures: Retail rental indices declined as landlords offered deeper discounts in response to lower demand. Some shops experienced rent reductions, reflecting weak tourism sentiment.

For detailed data including Price and Rental Indices, please refer to the specific sections within the original document.

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