The average monthly rent in Causeway Bay’s major shopping streets dropped 1.6 per cent quarter on quarter to HK$1,800 per sq ft in the second quarter. Photo: Sam Tsang
The average monthly rent in Causeway Bay’s major shopping streets dropped 1.6 per cent quarter on quarter to HK$1,800 per sq ft in the second quarter. Photo: Sam Tsang
Property /  Hong Kong & China

Retail vacancies in Hong Kong soaring, but rents dip only slightly

Yvonne Liu
Yvonne Liu

Updated: 11:22pm, 25 Jul, 2014

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The average monthly rent in Causeway Bay’s major shopping streets dropped 1.6 per cent quarter on quarter to HK$1,800 per sq ft in the second quarter. Photo: Sam Tsang
The average monthly rent in Causeway Bay’s major shopping streets dropped 1.6 per cent quarter on quarter to HK$1,800 per sq ft in the second quarter. Photo: Sam Tsang
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