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C&W Expects HK Annual Property Prices to Climb Within 2%, Office Rents to Slip 4-6%
Cushman & Wakefield (C&W) reviewed the performance of the Hong Kong property market in 3Q25.With market confidence recovering and favorable news of interest rate cuts in 3Q...
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C&W Expects HK Annual Property Prices to Climb Within 2%, Office Rents to Slip 4-6%
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Cushman & Wakefield (C&W) reviewed the performance of the Hong Kong property market in 3Q25.

With market confidence recovering and favorable news of interest rate cuts in 3Q25, residential transaction volume increased by 63% YoY to 16,700 transactions, while property prices remained stable. C&W expected 58,000-60,000 transactions for the entire 2025, with annual property prices likely to rebound by no more than 2%.

In terms of Hong Kong's office market, it will still face certain challenges despite the continued release of new supply within the year, said C&W. Given that leasing sentiment in 1-3Q25 was better than previously expected, however, C&W revised its forecast for overall office rents in 2025 to a decline of 4-6%.

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