Taper, rate hike and new virus variants looms in, Hong Kong’s ultra-low interest rate is set to rise in 2022 and the direction for office market will polarize into two camps, centralized and decentralized markets. Investors and developers will favor trophy assets like core CBD offices in Hong Kong. Hong Kong’s COVID Zero Strategy laid the groundwork for border reopening and provided an extra catalyst for a stable recovery in the office market.
In this publication, AVISTA Property Valuation team forecasted the Hong Kong prime office rental and price in 2022 and analyzed the core CBDs’ attractiveness on the sales and leasing fronts.
Click here to read the insights.
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Date: 21 Jan 2022 | Tags: Property Valuation