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Colliers Radar | Hong Kong Market Outlook 2021

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In the 2021 Market Outlook, we take an overview of Hong Kong’s real estate performance and an in-depth analysis of its core sectors: investment, office, retail and industrial. Despite Covid-19’s continued pressure on Hong Kong’s economy, it is anticipated that there will be a gradual recovery in real estate demand and see the market stabilise in the second half of 2021, supported by the roll-out of a vaccine and China’s on-going economic recovery.

Recommendations

Capital Markets Investment:
Investors should take action to purchase in 2021, before prices will likely rebound from 2022 onwards.
Office Office:
Occupiers should leverage the market as it looks to bottom in the first half of 2021 to lock in more favourable lease terms.
Retail Retail:
Retail sales are likely to rebound from the low-base of 2020 when the borders re-open in line with the roll-out of the vaccine programme.
Industrial and Logistics Industrial:
The rise of 5G technology and e-commerce are pointing to growth prospects in cold storages and data centres.


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Colliers Radar | Hong Kong Market Outlook 2021

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