First Pacific Davies: Hong Kong Central Mid-Levels Prime Property Rent Expected to Rise in the Coming Years

According to the China Securities and Economics APP, the September Hong Kong office leasing market report of First Pacific Davis pointed out that despite facing structural challenges such as pressure on interest rates, weak demand, and oversupply, the Hong Kong office market is gradually showing signs of demand recovery. The recovery of the financial sector, active property purchasing by users, and relocation demand guided by Hong Kong government policies are injecting new momentum into the market, especially in the core Central area where Grade A properties are performing well, and rents are expected to rise first in the coming years.