Two years ago, the commercial real estate market was seriously concerned by the wave of new supply about to hit Kowloon East.
What was commonly being referred to as “Core Business District 2” was at risk of significant rental drops as the market pondered how, and who would fill, the vast amount of supply in the district.
Fast forward to today and the rental growth in Kowloon East has bucked that expected sharp drop, and is well into growth territory.
The area’s office leasing…
Source : South China Morning Post
Read more…Demand grows for offices in Hong Kong’s ‘second CBD’: Kowloon East















