HK (+852) 3990 0799

尖東康宏廣場高層 呎價1.48

通關帶動商廈交投,消息指,尖東康宏廣場高層09室,面積約1,213平方呎,以約1,800萬元成交,呎價約1.48萬元,單位以交吉交易。

據了解,原業主於2011年以約1,673萬元購入單位,持貨12年轉手,帳面獲利約127萬元,單位升值約7.6%。

(經濟日報)

更多康宏廣場寫字樓出售樓盤資訊請參閱:康宏廣場寫字樓出售

更多尖沙咀區甲級寫字樓出售樓盤資訊請參閱:尖沙咀區甲級寫字樓出售

 

萬國寶通中心中層戶意向價4487萬

有代理行表示,銅鑼灣萬國寶通中心中層04室,建築面積約2594方呎,業主意向售價約4487萬元,呎價約1.73萬元;意向租金約5.18萬元,呎租約20元。

該行指出,單位間隔四正實用,附全寫字樓裝修,適合不同類型的中小型企業進駐。大廈設有11部載客電梯及1部載貨電梯,用戶出入極為方便。

(信報)

更多萬國寶通中心寫字樓出售樓盤資訊請參閱:萬國寶通中心寫字樓出售

更多北角區甲級寫字樓出售樓盤資訊請參閱:北角區甲級寫字樓出售

 

China border reopening to boost demand for Hong Kong office space, but rents won’t rise significantly, analysts say

Property agency expects vacancy levels to go up from 14.6 per cent currently to closer to 16 per cent by the end of 2023, because of a ‘supply boom’

Pace of economic recovery and overhang of new office spaces from last year are likely to temper any expansion afforded by mainland Chinese firms, another agency says

The reopening of Hong Kong’s borders with mainland China and the rest of the world is likely to boost the take up of office space in the city, but rents are not expected to rise significantly, analysts said.

They have given a wide range of forecasts for office rents, from an increase of as much as 3 per cent to a decline of as much as 10 per cent this year.

Hong Kong’s new office stock is estimated to hit 14.5 million sq ft in 2023, a record high and the equivalent of the total gross floor area of every building in Hong Kong’s core Central business district, a property agent said.

“We will continue to see a supply boom coming into the market,” the agent said. “So, we do expect the vacancy level will continue to go up from, like I said, 14.6 per cent currently. We forecast that by the end of 2023, the market vacancy level will be getting closer to 16 per cent, if all new supply or the pipeline is completed in the next 12 months.”

Rents are likely to decline by as much as 5 per cent. “We are seeing a potential demand recovery, particularly from Chinese firms that will support leasing activity for 2023, thanks to the border reopening, while [multinational companies] will continue to stay cost-cautious on expansion plans due to global economic headwinds and high financing costs,” another agent said. “However, cost control and escalating vacancy pressures will continue to weigh on rents until demand is strong enough to reverse this trend.”

The pace of recovery and overhang of new office spaces from last year are likely to temper any expansion afforded by mainland Chinese firms, another agency said, which forecast a further slump of as much as 10 per cent in office rents this year.

“The rebounding stock market, a loosening of most Covid-19-related measures, as well as the scheduled border reopening with the mainland, are all positive spins for office demand, but uncertainties linger given hangover vacancy from 2022 completions, and concerns over the speed of recovery,” another agent said.

Others see office rents rising this year. “The reopening of China’s borders will be a game changer for the sector,” another agent said. “As business travel resumes across borders, we expect more viewings and leasing enquiries, which are likely to strengthen office rents, with overall grade-A office rents estimated to increase moderately by 3 per cent year on year.”

Hong Kong’s Central is likely to “benefit the most with 5 per cent year-on-year growth compared to a dip of 2.3 per cent year on year at the end of 2022”, the agent added.

Beijing abandoning its zero-Covid policy will definitely be a positive for Hong Kong’s property investment market and the rest of the region, an agent said.

However, the return of Chinese tourists and Chinese businesses to the region could also drive up prices with higher demand. This, in turn, is likely to trigger further increases in interest rates by monetary authorities, tempering any recovery.

“We expect the inflow of Chinese tourists into the rest of Asia-Pacific to be very, very positive for not just hotels and retail, but also for corporate profits and office demand,” the agent said, adding that China’s closed borders had allowed for slower inflation, and its reopening could push up inflationary pressures.

(South China Morning Post)