Property News · September 19, 2018

No hope in sight for Hong Kong’s soaring office rents, as land supply seen as too little to match demand, experts say


Hong Kong is facing a chronic shortage of grade A office supply that could spell doom for its status as a regional business hub, unless the government accelerates the release of land supply for the commercial sector, according to international property consultants.
JLL said in a report on Tuesday that failing to ensure adequate land supply for office space was a risk as the government shifted its policy focus towards the residential sector.
“Discussions around government land supply…

Source : South China Morning Post
Read more…No hope in sight for Hong Kong’s soaring office rents, as land supply seen as too little to match demand, experts say

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