As of Tuesday, local and non-local investors, including those from mainland China, had accounted for an estimated HKD30.36 billion (US$3.87 billion) in transactions involving Hong Kong commercial properties valued at more than HKD50 million, data from property consultancy Savills showed, as reported by the South China Morning Post.
Southeast Asian investors accounted for HKD3.37 billion, or more than 11% of the total, Savills said.
Mainland Chinese buyers contributed 5.8%, while Hong Kong-based capital accounted for 83.2%.
|
Office buildings in Hong Kong. Photo by Pixabay/t_watanabe |
“Southeast Asia’s share has risen against a much smaller non-local pool – it is roughly two-thirds of all non-local investment this year,” said Nicholas To, senior associate director for investment at Savills Hong Kong.
In 2025, mainland investors were the largest group of non-local buyers, accounting for nearly 34% of the HKD47.32 billion total. They were followed by buyers from the U.S. and Canada, who spent 16%.
Southeast Asian investors ranked third last year with a 3.7% share, while European investors purchased 2% of the total.
Savills data showed that Western investors have been absent from the market this year.
Among the assets acquired by Singaporean companies and investors so far this year were 14,121 square meters across several floors at The Center. DBS Bank (Hong Kong) bought the space for about HKD2.62 billion, according to The Standard.
Wee Hur Holdings purchased One Bedford Place, an office building in Tai Kok Tsui with 184,041 square feet, for HKD748.8 million.