近月工商铺交投淡静，有代理行指，上月共录约227宗工商铺成交，不但创今年单月新低，按年大跌51%，更追平2019年10月纪录。不过，该行预期，随着内地多个城市防疫措施放宽，市场憧憬中港两地通关现曙光，工商铺市场有望反弹。

代理行：按年大跌51%

该行代理表示，上月市场共录约227宗工商铺买卖，按月回落约10.27%，对比去年同期大跌约51.07%。金额约41.09亿，与上月所录约41.2亿相若，按年则递减约60.55%。该代理表示，加息推高成本，买家态度趋审慎，以致整体工商铺疲弱，市场缺乏大手成交支撑下，表现淡静；尤其写字楼11月份成交宗数录约24宗，为自2020年2月后新低，按月再跌约31.42%，金额降至约5.64亿，按月减少近27.69%。该代理续指，工厦录约128宗买卖，连续5个月低于200宗水平，总金额约13.75亿，按月分别跌约10.49%及35.65%。业主议价心态较强硬，故买卖双方陷胶着，令买卖交投下挫。

反观商铺表现尚好，11月买卖宗数与上月相若，录约75宗，金额约21.7亿，较上月反弹约80.38%。

(星岛日报)

外资代理行：零售未走出谷底 料明年铺租跌10%至15%

有外资代理行代理表示，展望明年，零售未走出谷底，料整体铺租按年再跌10%至15%。只有少量餐饮及必需品仍开铺，减租不能令空置率明显改善。该代理预期每月零售销货价值在300亿以下徘徊，消费力疲弱。只有与内地通关，才激活市况。

该行另一代理表示，直至2025年，港岛区约350万方呎新供应，集中中环和鰂鱼涌，中环空置率较高，不排除减价战。鰂鱼涌租金再下调幅度较少，预计明年港岛写字楼全年跌3%至5%。

九龙区商厦租金微升3%

另一代理表示，九龙商厦空置率攀升至7.5%，更多公司实施在家工作、共用办公桌，影响写字楼需求。ESG成为现代企业关键要求，绿色建筑脱颖而出，整体写字楼租金有见底迹象，预计明年九龙区写字楼租金微升3%。

又有代理表示，截至11月底市场共录172宗交易，金额540亿按年跌约35%，以全幢工厦 (24%) 及用地 (24%) 最活跃，其次全幢住宅 (20%)，酒店佔12%，首6个月共录6宗成交。该代理预料，买家要求更高回报，市场有更多银主盘，住宅地价回落，买家抱「执平货」心态。

投资金额540亿按年跌35%

有代理说，今年下半年充斥利淡因素，股市疲软、劳动人口萎缩、加息及环球经济差，料住宅楼价全年跌近15%，明年再跌5%至10%。

(星岛日报)

More flats enter the market as prices fall

The number of completed flats and those in the presale consent pipeline has increased. At the same time, home prices have been falling amid interest rate hikes.

A total of 18,753 private homes were completed in the first 10 months of this year - 30.4 percent more than the whole-year figure of 2021, data from the Rating and Valuation Department showed.

The number of finished private homes as of October was 65.5 percent higher than the number in the same period last year and achieved 82 percent of this year's target of 22,851 flats.

However, 2,156 private residential units were completed in October - a decrease of 516 units or about 19.3 percent compared with September.

The Department also released the latest rental yields for various types of private homes - most of which showed increases. Among them, the rental return for flats under 431 square feet rose by about 0.1 percentage points month-on-month to 2.7 percent, the highest since September 2019.

Last month, the accumulated number of flats awaiting presale approval increased by 2,495 or 14 percent month-on-month to 20,579, according to the Lands Department.

Only one project was approved for presale in November: The Southside's Phase 4A of 432 flats, which is jointly developed by Sino Land (0083) and Kerry Properties (0683) at Wong Chuk Hang Station in Aberdeen.

Five projects applied for presale consent last month, involving a total of 2,919 flats. They included The Southside Phase 3B and Phase 3C, developed by CK Asset Holdings (1113), with 642 and 558 flats respectively.

Meanwhile, a property agency estimates that government revenues from property sales this year may only reach between HK$35 billion and HK$40 billion - far less than the official projection of over HK$100 billion. But the figure for next year may rebound from HK$50 billion to HK$70 billion as sales of some large commercial sites may be delayed until then.

Additionally, the property service firm projects home prices in Hong Kong to drop by 5 to 10 percent next year on top of a 15 percent decline this year, with middle and small-sized units valued between HK$6 million and HK$8 million, particularly since they are under pressure from the interest rate hikes.

Grade-A office rents are to fall by up to 5 percent next year while overall street shop rents could sink by 10 to 15 percent, as a full tourism recovery is unlikely in the short-run with travel curbs still in place, it said.