information for global expats

News Archive

Home » News » Hong Kong Real Estate Prices, Rents To Fall In 2014

Hong Kong Real Estate Prices, Rents To Fall In 2014

By ExpatBriefing.com Editorial
06 December, 2013


Real estate prices and rents in Hong Kong are set to fall again in 2014, according to the latest forecast from international real estate services organization Colliers International.

All property sectors in Hong Kong surveyed by Colliers will experience a decline in capital value, the forecast says. Luxury residential properties will be the worst hit, with a 15 percent drop, followed by retail, industrial and grade A offices, which will fall 11 percent, nine percent and seven percent, respectively. The value of these sectors is also expected to decrease - by nine percent in luxury residential, six percent in retail, five percent in grade A offices, and one percent in industrial.

Meanwhile, rents in Hong Kong are predicted to fall, with the exception of the industrial property sector, which will experience a rise in rents.

Tags: Real-estate | Hong Kong | Retail | Expats | Investment | Property Investment | Invest | Investment





Leave A Comment




About | Useful Links | Global Media Partners | Media | Advertising And Sales | Banners And Widgets | Glossary | RSS | Privacy & Cookies | Terms And Conditions | Editorial Policy | Refer To A Friend | Newsletters | Contact | Site Map

Important Notice: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. © Wolters Kluwer TAA Ltd 2017. All rights reserved.

The Expat Briefing brand is owned and operated by Wolters Kluwer TAA Limited.