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Visitor Arrivals Continue to Support Hong Kong Retail Recovery, Grade A Office Net Absorption Still in Negative Territory

Residential Prices and Transaction Numbers Down Amid Interest Rate Uncertainty

  • Hong Kong retail market vacancy rates remained stable in Q3, with high street and F&B rents recording low single-digit growth, and jewellery & watches and cosmetics brands predominantly driving expansion
  • Overall Grade A office space net absorption remained mired in negative territory at -225,900 sq ft in Q3, although new leasing activity was notably more active compared to the prior two quarters
  • Persistent interest rate hikes and a downward stock market trend have slowed residential transactions in both primary and secondary home markets, with prices continuing to decline throughout Q3

HONG KONG SAR - Media OutReach - 10 October 2023 - Global real estate services firm Cushman & Wakefield today published its Hong Kong Property Markets Review and Outlook Q3 2023 report.

More Articles ...

  1. Report: Southeast Asia consumer confidence on track for rebound as value-seekers embrace new "needs"
  2. 48% of APAC C-suite admit current business transformations aren’t working, and only 51% effectively operate regeneratively – Kearney
  3. Infobip launches Experiences a new product with ChatGPT technology to revolutionize customer experience
  4. Chairman Chen Zhi and Prince Holding Group Receive Top Honors at Global Brands Awards
  5. Samsung’s Most Powerful Cordless Stick Vacuum, Bespoke Jet™ AI Now Available in Singapore
  6. Viu recognised for its contribution to making K-wave a global phenomenon at Asia Contents Awards & Global OTT Awards 2023
  7. FBS and Dignity for Children Foundation Enhance Educational Facilities in a Kuala Lumpur School
  8. Teledyne e2v to attend Seoul ADEX 2023
  9. Aon’s Global Medical Trend Rates Report Forecasts Increase in Employee Medical Plan Costs for Businesses in Asia Pacific, the Highest Since 2015
  10. Unveiling Petite Practice - A New Paediatric Clinic in Katong
  11. ISCA, COC and NCSS introduce a new programme to help charities strengthen accounting and finance processes for better governance
  12. New Report Highlights Key Elements of Cloud Workload Security Landscape
  13. Empowering Industries: Remego Implementation Of Innovative Software Showcases Its Role As A Value-Added Company
  14. Xiao-I Corporation Releases Hua Zang Large Language Model 1.1, Effectively Addressing Pain Points in Industry Applications with Its Support for Multiple Language Scenarios
  15. Kantar Uncovers Public's Emphasis on Health and Food Safety, Highlighting the Unlimited Potential for Vegan Seafood
  16. Hytera Facilitates a Successful Aramco Team Series 2023 at Hong Kong Golf Club
  17. Amazon Singapore unveils line-up of biggest deals for its first-ever Prime Big Deal Days
  18. Orion Capital Asia announces first closing of its third secured direct lending fund
  19. BingX Reveals Comprehensive Analysis on Potential Altcoins Growth for Q4 2023
  20. Academic Labs and AsiaTokenFund Group Forge Groundbreaking Partnership in Harnessing Web 3.0 and AI for Education Advancement.

News from Asia

CIRCU-Taiwan: Building Asia’s Circular Economic Hub with Cross-sector Collaboration

TAIPEI, TAIWAN - Media OutReach Newswire - 24 November 2025 - Established by the Resource Circulation Administration of the Ministry of Environment in 2024, Circular Inorganic Resource Community U...

The Greater Bay Area’s First "International Business Talent Service Center" Opens in Qianhai, Shenzhen

SHENZHEN, CHINA - Media OutReach Newswire - 24 November 2025 - On November 22, the Greater Bay Area's first "International Business Talent Service Center" officially opened in Qianhai, Shenzhen. A...

POP MART Debuts "POP LAND EXCLUSIVE FESTIVE EVENT IN THAILAND"

Siam Paragon sets the stage for Bangkok’s new global POP destination BANGKOK, THAILAND - Media OutReach Newswire - 25 November 2025 - POP MART THAILAND, under the management of POP MART INTERNATI...

Visa taps into esports with M7 World Championship partnership to empower youths through digital payments

This marks the payment giant's first partnership with one of the world's most popular sports and entertainment IPs SINGAPORE - Media OutReach Newswire - 25 November 2025 - Visa inked a landm...

HGC Embarks on Strategic Transformation to Harness AI and Digital Opportunities

Transformation strengthens its structure to accelerate innovation and market agility HONG KONG SAR - Media OutReach Newswire - 25 November 2025 - HGC Global Communications ("HGC" or the "Group")...

AECOM to deliver HKIA Dongguan Logistics Park, setting new benchmark in logistics infrastructure and driving economic growth in the Greater Bay Area

HONG KONG SAR - Media OutReach Newswire - 25 November 2025 - AECOM, the world's trusted infrastructure consulting firm, today announced its appointment by the Hong Kong-Dongguan Sea-Air Intermodal...

Taiwan Smart Tourism Alliance Targets Vietnamese Travelers with Exclusive Taiwan Travel Packages

TAIPEI, TAIWAN - Media OutReach Newswire - 25 November 2025 - Due to the rapid growth of Vietnam's travel market, the Taiwan Smart Tourism Alliance, led by KKday, has invited a range of small- and...

Amazon Web Services Announces PayMe by HSBC’s Migration to AWS, Accelerating Digital Payment Innovation in Hong Kong

HONG KONG SAR - Media OutReach Newswire - 25 November 2025 - Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), today announced that PayMe by HSBC, Hong Kong's homegrown mobile walle...

Trend Micro to Introduce Most Comprehensive Offering for Enterprise AI Risk Management

AI Application Security will accompany a package of new solution capabilities at AWS re:Invent HONG KONG SAR - Media OutReach Newswire - 25 November 2025 - Trend Micro Incorporated (TYO: 4704; TS...

HOUSING · I&T Summit – Hong Kong as the "Super Connector" and "Super Value-Adder"

HONG KONG SAR - Media OutReach Newswire - 25 November 2025 - The Hong Kong Housing Bureau and the Housing Authority hosted the HOUSING · I&T Summit 2025, a four‑day event themed "Pioneering I...

AI is Changing Trademarking Forever

The launch of ChatGPT in 2022 marked a turning point for AI. In three short years, AI has been integrated into everything from our phone cameras to ...

Times Media Australia Launches Times Australia Today

A New National Digital Publication Designed to Make Sense of Modern Australia Sydney, Australia — 26 November 2025 — Times Media Australia today an...

The Future of Ozi.com.au

Ozi.com.au: The New Benchmark in Australian Digital Services In a digital landscape evolving at breakneck speed, Australian businesses are demand...

Brisbane’s brightest recognised: Daniel Mikus and James Rolph win Specialist Services Award at the 2025 Brisbane Young Entrepreneur Awards - again

Young Brisbane entrepreneurs Daniel Mikus and James Rolph, cofounders of MR Group, have been officially crowned winners of the Specialist Services...

Members greenlight merger of Regional Australia Bank and Summerland Bank

Regional Australia Bank and Summerland Bank will proceed with a merger after members approved the move at their Annual General Meetings this week...

DesignStreet marks 27 years with a bold rebrand

In a fast-moving industry defined by continuous disruption, one independent creative agency is proving that longevity and innovation can go hand i...

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