The office space market in Hong Kong is seen to experience an oversupply amid an easing of mortgage financing rules, the South China Morning Post reported, citing analysts.
Hong Kong's vacancy rates for office spaces rose even more in October across more business districts in the city such as Central, Wan Chai, Causeway Bay, and Tsim Sha Tsui, according to the Oct. 29 SCMP report.
More than 3 million square feet of office space will be added next year, enhancing the oversupply problem, the report said, citing CBRE.
Vacancies could also worsen by the end of 2025 with more office spaces by Sun Hung Kai Properties (HKG:0016) coming, and rates would fall by another 5%, the report said, citing CBRE.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。