People in protective masks in Central, the main business district of Hong Kong, where rental rates for commercial property have plummeted. Photo: AP

Hong Kong office rents plummet as coronavirus drags commercial property transactions to an all-time low

  • The number of deals signed in Hong Kong is likely to fall below 200 this month for the first time since records began in July 1995, according to Centaline Property Agency
  • Central’s office vacancy rate reached 4 per cent in January for the first time in more than five years, according to JLL
Topic |   Hong Kong property
People in protective masks in Central, the main business district of Hong Kong, where rental rates for commercial property have plummeted. Photo: AP
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