Grade A office rents in Central are likely to decline in 2019, extending a downtrend that began in November. The monthly decline follows a nearly three year uptrend for rental prices in the city’s core business district. Photo: EPA

Gloomy outlook for Central office rents in Hong Kong, as economic storm clouds gather, analysts say

  • Monthly office rentals in Central began to soften in November, ending a three year trend of rising rates
  • Gathering economic storm clouds are likely to put further downward pressures on rents in 2019, with analysts forecasting declines of up to 6 per cent
Topic |   Hong Kong property

TOP PICKS

Grade A office rents in Central are likely to decline in 2019, extending a downtrend that began in November. The monthly decline follows a nearly three year uptrend for rental prices in the city’s core business district. Photo: EPA
READ FULL ARTICLE