〈The Standard, Sept 13, 2025〉Hong Kong’s commercial real estate sector has put its worst behind it and poses limited risk to the banking system, DBS Bank (Hong Kong) chief executive Sebastian Paredes said in public.
But the market is expected to take several years to fully recover, with the pace of rebound tied to mainland China’s economic and property market stabilisation, which would help revive demand for offices, retail, and consumer spending, Paredes said at the Financial Times Banking Summit Asia 2025.
The city’s retail property market is showing early signs of stabilisation, he added, but the office sector continues to face pressure in the near term.
As the market gradually absorbs office supply and prices and rents adjust downward, the sector is approaching a bottom, Paredes said.
〈Hong kong Business, Sept 12, 2025〉End-user demand is fuelling Hong Kong’s property sector, as falling prices and fresh government measures spur activity across office, hotel, residential, and retail assets.
Investors acquiring properties for their own use—whether as offices, student housing, or luxury residences—are driving activity that analysts say will accelerate once interest rates ease.
“Commercial activity continues to be primarily driven by end-user demand, as recent price corrections have renewed interest among buyers seeking to secure long-term office and retail premises,” Thomas Chak, head of capital markets and investment services at Colliers Hong Kong, told Hong Kong Business.
〈Asian Post, Sept 11, 2025〉CBRE has been appointed as the sole agent for the public tender sale of No. 18-20, Essex Crescent, Kowloon Tong.
The market valuation is approximately $400m, which is equivalent to a land price of about $31,395 per sq. ft.
Currently a two-storey residential building with a car park, the site spans approximately 21,235 sq. ft., with a potential redevelopment gross floor area of around 12,741 sq. ft.
The property will be sold via public tender, with the deadline set on 18 November at 12 p.m.
〈Hong Kong Business, Sept 10, 2025〉The overall consumer prices rose by 1.4% in June 2025 year-on-year(YoY), easing from the 1.9% increase in May, the Census and Statistics Department (C&SD) reported in its latest Consumer Price Index (CPI).
The C&SD linked this mainly to the decrease in the Government's provision of electricity charges subsidy in June 2024 compared with May.
Composite CPI increased 1.0% year on year (YoY), unchanged from the preceding month.
〈BBC News, Sept 09, 2025〉Once designated a quarantine facility during the Covid pandemic, a sprawling site in southern Kowloon, Hong Kong, is set to be home to a youth hostel for thousands of young people, as the city deals with a housing crisis.
The project in Kai Tak, named Runway 1331 - after a former airport on the site - opened on Sunday for trial operations, offering 250 rooms for rent starting at HK$200 ($25; £19) a night.
It's part of Hong Kong's Youth Hostel Scheme, which aims to house young people at affordable rates while they save up to rent or buy their own place.
