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Hong Kong office market in 2020

Road to regaining balance ?

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Road to regaining balance ?

Despite office rents having dropped over 20% from their peak in 2008 to the end of 2012, Hong Kong’s central business district (CBD) is still one of the most expensive places in the world to do business. This is partly due to the limited amount of Grade-A office stock and the Hong Kong government has unveiled plans to build another CBD and relocate existing government offices, in an effort to increase long-term supply. However, whether these plans can meet future demand and when these blueprints can be delivered are still unclear.

Source : Knight Frank

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