Knight Frank Hong Kong Prime Office monthly report: April

15 May 2009

Over the past month, Hong Kong’s office sales market regained some momentum after a downturn that has lasted a year. End-users and long-term investors entered the market again, eyeing good value in prices that have fallen almost 50% from peak levels in 2008. About 120 office sales transactions were registered in March, representing a rise of over 80% from the previous month and the highest level in six months.

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