Hong Kong’s office market is becoming increasingly divided, with demand returning to prime business districts while noncore areas remain weighed down by weak leasing activity and scarce buyers, analysts say. The reluctance of banks to finance commercial-property purchases has reinforced the split, allowing cash-rich owner-occupiers to acquire discounted offices in traditional commercial districts while the vacancy rates in some secondary locations remain as high as 30 per cent, according to...
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Business
July 17, 2026 at 10:00 AM
Hong Kong’s office market: Central booms, but noncore areas struggle
SCMP Business