Vacancies in Central fall to a nine-month low amid landlord flexibility
Knight Frank launches the latest Hong Kong Monthly Report. In the office market, sentiment in the leasing market rebounded in August, leading to an uptick in rental levels, especially in the CBD. With demand re-emerging in August, the Central Grade-A office market recorded the lowest vacancy rate since November 2020. Kowloon’s office market showed clear signs of bottoming out during the month, with a significant rebound in leasing activity. The residential market saw strong demand amid the stabl