Office rents in the city’s Central business district fell by 17 per cent to 18 per cent in the first half of the year. Photo: Felix Wong Office rents in the city’s Central business district fell by 17 per cent to 18 per cent in the first half of the year. Photo: Felix Wong
Office rents in the city’s Central business district fell by 17 per cent to 18 per cent in the first half of the year. Photo: Felix Wong

Hong Kong office rents expected to decline 30 per cent this year, as work from home becomes more common in mid to long term

  • Office rents in Central could drop by between 25 per cent and 30 per cent in 2020: DBS analyst
  • Vacancy rate in city’s main business district continues to increase

Topic |   Hong Kong property
Office rents in the city’s Central business district fell by 17 per cent to 18 per cent in the first half of the year. Photo: Felix Wong Office rents in the city’s Central business district fell by 17 per cent to 18 per cent in the first half of the year. Photo: Felix Wong
Office rents in the city’s Central business district fell by 17 per cent to 18 per cent in the first half of the year. Photo: Felix Wong
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