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Colliers releases 2019 property market outlook

There’s no need for “doom and gloom” according to Colliers International Hong Kong as they note a rebalancing in the property market for 2019 according to their official outlook for the year ahead.

Summary & recommendations

While 2019 will be a different year in many aspects, Colliers remains confident in Hong Kong’s resilience against adversities and the number of opportunities in the property market.

Regarding specific property markets:

  • CBD fringe areas have a better combination of business amenities and affordable rents for occupiers considering moving away from core-CBD.
  • Expanding retailers should look for first-tier high street locations, leveraging the adjusted rental level.
  • Families should look into Kowloon for more affordable residential rental options, combined with new schools

Read the full report here.

Useful links

Colliers: Hong Kong and Seoul CBD rents vulnerable to falling stock markets