Secondary market sentiment improves as the fifth wave of the pandemic eases
Knight Frank launches the latest Hong Kong Monthly Report. In the office market, leasing momentum in Hong Kong returned in March amid the stabilising pandemic situation, with the high activity level supported mainly by small transactions. In Kowloon, with the gradual return to the office, more tenants resumed their delayed real estate decisions, leading to a rebound in activity levels in March. In the residential market, the overall residential market remained quiet in March, but purchasing mome