Property News · December 11, 2018

Hong Kong’s competitiveness under threat as limited office land set to run out in 10 years


Hong Kong faces a host issues in the property sector. While the residential supply constraints grab the headlines, there is also an acute shortage of grade A office space in the world’s most expensive market. To make matters worse, the total land supply presently set aside by the government for future development is forecast to run out within 10 years.
Recent delivery of new supply has provided a limited window of opportunity for businesses to grow and move into more modern, efficient…

Source : South China Morning Post
Read more…Hong Kong’s competitiveness under threat as limited office land set to run out in 10 years

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