Residential developer discounts continue on oversupply and tight financing
Insight
Hong Kong Monthly Market Dynamics – June 2025
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Residential developers persist in reducing prices, driven by a supply glut and constrained financing conditions. Deep Water Pavilia in Wong Chuk Hang launched 101 units at an average price of HKD 20,932 per sq ft – undercutting all completed Southside projects. Read our latest monthly market dynamics of the Hong Kong office, residential, retail and industrial property markets.
- Office: China Merchants Plaza in Sheung Wan completes in May.
- Retail: Cotton On reportedly renews its lease in Central by taking additional space.
- Industrial: Double-digit growth in total trade value sustained amid tariff impositions.