Hong Kong Property Market Monitor – March 2023
Retail market to be the immediate beneficiary of re-opening
The return of travelers to Hong Kong has led retail sales and market sentiment to rebound in January, but a more rapid pick-up is expected in the coming months. Read our latest snapshot of the Hong Kong office, residential, retail and industrial property markets.
- Office: Overall vacancy rate continues to edge up
- Residential: Home prices have picked up with rising volume
- Industrial: An enbloc transaction was recorded in March