High rates and stringent mortgage loans hinder property market recovery

Office and residential markets remain under downward pressure, retail rents maintain growth

Authors

Yvonne Liu

Public Relations Director, Hong Kong and Macao

Sector	Rent (1H 2024)	2H 2024 Rental Forecast
High Street shops	▲3.0%	▲0-5%
Prime shopping centres	▲0.9%	▲0-5%

Sector	1H 2024	2H 2024 Forecast
Mass Residential Capital Values	▼0.7%	▼~10%
Luxury Residential Capital Values	▼0.2%	▼5-10%
Luxury Residential Rental Values	▲1.6%	▲0-5%

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