REVIEW AND COMMENTARY ON HONG KONG'S PROPERTY MARKET
During May, Hong Kong’s Grade-A office sales and leasing sectors remained active, while residential sales volume and prices maintained their recent uptrend. Retail sales, however, lost a little momentum following its stunning growth over the last 12 months. For the remainder of the year, we expect the retail sector to continue to outperform, while the office and residential markets will be suppressed by ongoing uncertainty in the global economy.