Robust Leasing Demand Amid Challenging Market

• The rental indices for luxury apartments in Kowloon increased by 4% quarter-on-quarter.
• High demand from lower income tenants, they showed a preference for new developments, particularly in LOHAS PARK and locations above Wong Chuk Hang Station.
• Growing interest from shipping and aviation industry professionals and expatriates in luxury properties.
• Serviced apartments in Wan Chai, Tin Hau, and Sheung Wan favored by Mainland talents, while Central attracts higher budget tenants.