Kouli: The forecast for rent increases in Central/Admiralty office buildings this year has been raised to a maximum of 8%, but rents in Kowloon East have fallen by more than 5%.

According to the Wisdom Financial APP, Grace Hong Kong research department and retail consultant Li Wanyin stated that despite the complex and ever-changing macroeconomic environment, the Hong Kong commercial real estate market continues to show good resilience. Corporate tenants are increasingly demanding in terms of location selection and asset quality, and they are more inclined to choose high-quality properties in core business districts such as Central and Admiralty. At the same time, investors continue to focus on investment opportunities with stable income and long-term value appreciation potential, including office assets, as well as education and accommodation related properties.