The transactions of commercial properties in Hong Kong are expected to see an upward trend in the next year, while the price has not bottomed out, according to Centaline Commercial.
The property agency estimated that the number of commercial property transactions will reach 940 in the first quarter next year, amounting to HK$12.6 billion, and the rental deal will record 3,600.
It said the commercial market is still digesting the low-price properties, believing that the overall price has not hit the bottom, with leasing and selling prices sliding over 10 percent in 2026.
As of December 15, the city saw 3,588 sales of commercial properties this year, up 20.9 percent. The total turnover inched up 0.5 percent to HK$64.3 billion.
Regarding offices, the transaction of the sector jumped nearly 40 percent to 747, bringing the total value rising 38.4 percent to HK$36.4 billion.
Centaline said the number of sales and leases of offices will see a decline of less than 5 percent.
Due to a weak consumer sentiment and a shift in consumer patterns, shop transactions and turnover fell 6.5 percent and 34.2 percent, Centaline said, adding that the transaction price still has room to fall 5 to 10 percent in the next quarter.
Turnover for industrial buildings dropped 17 percent while the number of deals rose 27.3 percent to 2,140.
Driven by Hostels in the City Scheme, the full buildings and hotels recorded 52 deals in 2025, totaling HK$15 billion, the agency said.
