The Times Australia
News From Asia

.

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.

Read more: Visitor Arrivals Continue to Support Hong Kong Retail Recovery, Grade A Office Net Absorption...

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.
  21. Amazon Singapore launches limited "Amazon Big Deal Suite" Staycation Experience for Prime Big Deal Days with the Mondrian Singapore Duxton
  22. The Mills Fabrica Portfolio Companies Circ and Colorifix Shortlisted for Prince William’s 2023 Earthshot Prize
  23. Octa: U.S. unemployment is likely to decline in September
  24. ISCA and CPA Australia Sign Mutual Recognition Agreement
  25. The Beauty of Shared Arts Premieres on CCTV-1, Telling Stories of Exchange and Mutual Learning Under the BRI
  26. Colgate is combating Smile Shame in Australia where only 85 per cent of Australians feel like they have the freedom to smile whenever they like – the lowest proportion in Asia-Pacific
  27. Colgate is combating Smile Shame in Hong Kong to address concerns of 97 per cent who wish they could smile freely
  28. Colgate is combating Smile Shame to address concerns of 98 per cent of Filipinos who wish they could smile freely
  29. Colgate is combating Smile Shame to address concerns of 97 per cent of Malaysians who wish they could smile freely
  30. Colgate is combating Smile Shame to address concerns of 92 per cent of Singaporeans who wish they could smile freely
  31. Colgate is combating Smile Shame to address concerns of 94 per cent of people in Asia-Pacific who wish they could smile freely
  32. Colgate is combating Smile Shame to address concerns of 97 percent of Taiwanese who wish they could smile freely
  33. Colgate is combating Smile Shame to address concerns of 96 per cent of Indians who wish they could smile freely
  34. Ink Asia 2023 Integrating Art and Technology: Celebrating the Premier Ink Art Event of the Year on 5-8 October
  35. Schneider Electric’s new research shows that digital and electric solutions can cut carbon emissions in office buildings by up to 70%
  36. airberry's 'Smart Clothing Care Device' Takes Hong Kong by Storm: Available Now
  37. Ink Asia 2023 Integrate Art into Technology: New Trends in Collecting
  38. Infineon acquires Ultra-Wideband pioneer 3db Access to further strengthen its connectivity portfolio
  39. "ESG and Green Finance Opportunities Forum 2023" unveils today
  40. Chinachem Group Officially Launches "CCG Hearts", an All New Membership Rewards Programme
  41. Oi Wah Launches Innovative Premium Service Center at Tsim Sha Tsui East MTR Station
  42. Aon to Acquire Global Insurance Brokers to Enhance Risk Capital Offering for Clients in India
  43. Graphisoft announces latest product lineup at Building Together event
  44. Avnet Appointed Master Distributor of Kerlink, Advancing IoT Strategy Across Asia Pacific
  45. Jadeite attends event in Palace of Westminster at invitation of UK developer ICC
  46. Edge Healthcare Unveils a New Series of Evidence-Based Care and Multidisciplinary Approach catering to Pains and Aches
  47. Business confidence rises as Singapore CEOs defy global challenges with investments into generative AI, ESG: KPMG 2023 CEO Outlook
  48. Phillips-Medisize Teams with GlucoModicum to Develop an Innovative Needle-Free Continuous Glucose Monitor
  49. AXA launches CareForAll Critical Illness Plan to lower insurance barriers for those with health risks
  50. Bybit Announces Participation in ETHMilan, Elevating the Conversation on the Future of Web3

Times Magazine

Building a Strong Online Presence with Katoomba Web Design

Katoomba web design is more than just creating a website that looks good—it’s about building an online presence that reflects your brand, engages your audience, and drives results. For local businesses in the Blue Mountains, a well-designed website a...

September Sunset Polo

International Polo Tour To Bridge Historic Sport, Life-Changing Philanthropy, and Breath-Taking Beauty On Saturday, September 6th, history will be made as the International Polo Tour (IPT), a sports leader headquartered here in South Florida...

5 Ways Microsoft Fabric Simplifies Your Data Analytics Workflow

In today's data-driven world, businesses are constantly seeking ways to streamline their data analytics processes. The sheer volume and complexity of data can be overwhelming, often leading to bottlenecks and inefficiencies. Enter the innovative da...

7 Questions to Ask Before You Sign IT Support Companies in Sydney

Choosing an IT partner can feel like buying an insurance policy you hope you never need. The right choice keeps your team productive, your data safe, and your budget predictable. The wrong choice shows up as slow tickets, surprise bills, and risky sh...

Choosing the Right Legal Aid Lawyer in Sutherland Shire: Key Considerations

Legal aid services play an essential role in ensuring access to justice for all. For people in the Sutherland Shire who may not have the financial means to pay for private legal assistance, legal aid ensures that everyone has access to representa...

Watercolor vs. Oil vs. Digital: Which Medium Fits Your Pet's Personality?

When it comes to immortalizing your pet’s unique personality in art, choosing the right medium is essential. Each artistic medium, whether watercolor, oil, or digital, has distinct qualities that can bring out the spirit of your furry friend in dif...

The Times Features

How much money do you need to be happy? Here’s what the research says

Over the next decade, Elon Musk could become the world’s first trillionaire[1]. The Tesla board recently proposed a US$1 trillion (A$1.5 trillion) compensation plan, if Musk ca...

NSW has a new fashion sector strategy – but a sustainable industry needs a federally legislated response

The New South Wales government recently announced the launch of the NSW Fashion Sector Strategy, 2025–28[1]. The strategy, developed in partnership with the Australian Fashion ...

From Garden to Gift: Why Roses Make the Perfect Present

Think back to the last time you gave or received flowers. Chances are, roses were part of the bunch, or maybe they were the whole bunch.   Roses tend to leave an impression. Even ...

Do I have insomnia? 5 reasons why you might not

Even a single night of sleep trouble can feel distressing and lonely. You toss and turn, stare at the ceiling, and wonder how you’ll cope tomorrow. No wonder many people star...

Wedding Photography Trends You Need to Know (Before You Regret Your Album)

Your wedding album should be a timeless keepsake, not something you cringe at years later. Trends may come and go, but choosing the right wedding photography approach ensures your ...

Can you say no to your doctor using an AI scribe?

Doctors’ offices were once private. But increasingly, artificial intelligence (AI) scribes (also known as digital scribes) are listening in. These tools can record and trans...