Wanchai / Causeway Bay vacancy rate returns to single digit for the first time in ten months
22 June 2026
Insight
22 June 2026
Hong Kong Monthly Market Dynamics – June 2026
Categories:
In May, the office leasing market recorded a positive net absorption of 205,000 sq ft. The monthly net take up in Wanchai / Causeway Bay has reached the highest level since April 2024, driven by spillover demand from Central that has accelerated leasing activity in prime buildings across the district. Read our latest monthly market dynamics of the Hong Kong office, residential and retail property markets.
- Residential: Mass residential capital values grew 2.0% m-o-m in May.
- Retail: In May, an increasing number of new brands capitalised on softer rental levels to secure prime locations, aiming to strengthen their brand presence.