2024年第四季净吸纳量为负数，达负19.15万平方呎，全年达到95.6万平方呎，为2018年以来的最高的水平。大中环地区的净吸纳量为负24,900平方呎，全年为负10,800平方呎，为香港各个地区今年度唯一一个地区净吸纳量为负数。整体空置率上升0.2个百分点至17.0%。2024年全年空置率进一步攀升，涉及1,520万平方呎。空置率过剩导致2024年第四季租金较上季下跌1.7%，全年租金下跌6.3%，较2023年的5.5%年跌幅加剧。CBRE Group stated that leasing activity in Hong Kong will seasonally slow down in the fourth quarter of 2024, with total leasing volume falling by 38% to 0.661 million square feet compared to the previous quarter.
According to Zhitung Finance APP, Feng Huishi, Director and Head of Consulting and Trade Services at CBRE Group Hong Kong, indicated that economic policies in China are expected to stimulate an increase in Hong Kong IPO activities by 2025, thereby boosting the development of Hong Kong's financial industry. It is anticipated that the office leasing atmosphere will improve starting in 2024, with new leasing volume expected to increase by 5% year-on-year. The new supply may cause the vacancy rate to rise from the current 17% to 18.9%, involving over 17 million square feet, and rents are expected to drop by 5% to 10%.
CBRE Group stated that leasing activities in Hong Kong experienced a seasonal slowdown in the fourth quarter of 2024, with total leasing volume falling by 38% to 0.661 million square feet compared to the previous quarter. The total leasing volume for the year reached 4.3 million square feet, reflecting a 6.3% increase compared to the 4 million square feet in 2024.
The net absorption for the fourth quarter of 2024 was negative, reaching negative 0.1915 million square feet, with an annual total of 0.956 million square feet, marking the highest level since 2018. The net absorption in the Central region was negative 24,900 square feet, and for the year, it was negative 10,800 square feet, making it the only region in Hong Kong with a negative net absorption this year. The overall vacancy rate increased by 0.2 percentage points to 17.0%. The vacancy rate is expected to rise further in 2024, involving 15.2 million square feet. The oversupply of vacancies led to a 1.7% decline in rents in the fourth quarter of 2024 compared to the previous quarter, with annual rents decreasing by 6.3%, worsening from a 5.5% drop in 2023.
