August 20, 2018
Jones Lang LaSalle has announced the latest report from the Hong Kong Property Market Watch. In July, increases in Grade A offices in Wan Chai and Causeway Bay allow 1.5% month-on-month, the largest monthly increase in the last three years.
The report shows that the average rent of Grade A office buildings in Wan Chai and Causeway Bay last month rose to $ 68.7 per square foot. Rents rose significantly, mainly due to vacancy in the district to an all-time low of 1.6%, the average rental price of Grade A office buildings in Tsim Sha Tsui. It rose by 1% to 51.5 yuan per month. Overall writing …