Hong Kong Monthly Market Dynamics – October 2026

According to the First Five-Year Plan, the government aims to enhance living standards in the Northern Metropolis by optimising the public housing mix and mandating larger unit sizes for new private developments. Furthermore, the Policy Address outlines an action plan to increase the portion of larger sized units in subsidised sale flats (SSF) by 2031/32, while the Basic Housing Unit regime establishes a strict 2030 deadline to eradicate substandard subdivided units. These coordinated initiatives reflect a strategic policy shift toward fundamentally upgrading overall housing quality and living standards. Read our latest monthly market dynamics of the Hong Kong office, residential, retail and industrial property markets.

• Office: Wanchai/Causeway Bay registered the largest vacancy rate increase, up 0.6 ppt, followed by Hong Kong East and Kowloon East.
• Retail: Improving visitor arrivals continued to support retail activity, although rental and investment sentiment remained selective.
• Industrial: Market sentiment remained cautious, with renewal-driven leasing demand and continued policy support for logistics development.