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Office and Retail Investment Hong Kong

January 2021


Reihe: Savills Market in Minutes

Anbieter: Savills

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  • Erscheinungsdatum : 11.01.2021
  • Seiten : 3 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 276,01 kB
  • Sprache(n) : Englisch

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  • There was a significant increase in en-bloc / site sales in 2H/2020 (a 76% increase in volume and 353% increase in value compared with 1H/2020), despite a volatile virus situation and an uncertain economic outlook, though the market has not returned to its peak of 2017/18.
  • Strata-title sentiment was again subdued with the Employment Support Scheme (ESS) ending in November and the outbreak of the fourth wave of COVID cases shortly after jeopardizing SMEs' business prospects, but the cancellation of Double Stamp Duty (DSD) turned sentiment around in December, especially at the lower price band below HK$10 million which saw a significant rebound in volume.
  • Attitudes of Grade A office landlords continued to soften, and more motivated sellers were successful in offloading holdings, with end users and bargain hunters again dominating the otherwise quiet office segment.

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