# Hong Kong high street rents forecast to rise 3% this year

- **Source:** Real Estate Asia
- **Published:** 2026-08-04T00:29:21.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-retail/news/hong-kong-high-street-rents-forecast-rise-3-year
- **Topics:** Commercial & Industrial, Transactions & Deals, Regional Markets

## Featured rationale

Improving tourism and limited prime-space availability signal firmer landlord conditions, potentially supporting rents while constraining transactions and directing tourist-focused retailers toward smaller units.

## AI summary

Colliers forecasts Hong Kong high street rents to rise around 3% in 2026, supported by visitor arrivals reaching 23 million and retail sales growing 10.6% year-on-year.

## Original article

Rents rose 2% in Q2.

Hong Kong's retail market strengthened in the second quarter of 2026 as rising tourism and improving retail sales continued to support leasing activity and rental growth, according to Colliers.

The consultancy reported retail sales increased 10.6% year-on-year, while visitor arrivals climbed 14.1% to 23 million during the first five months of the year. Tourist-focused retailers, particularly souvenir and gift operators, remained active, targeting smaller retail units of around 800 to 1,000 sq. ft.

Colliers said leasing demand remained selective, with limited availability of prime space in core retail districts restricting transaction activity. Despite these constraints, overall high street rents increased 2% year-on-year and were up 0.4% year-to-date.

Kathy Lee, Head of Research and Retail Consultancy at Colliers Hong Kong, said retail sales growth is expected to continue in the second half of 2026, although at a more moderate pace as some growth drivers normalise.

According to Colliers, continued growth in visitor arrivals and the limited supply of prime high street retail space are expected to support rental performance, with the consultancy forecasting overall high street rents will rise by around 3% in 2026.

## Chinese translation

> Translation model: grok_cli

### 香港高街租金预计今年上涨3%

随着旅游业回升与零售销售改善继续支撑租赁活动与租金，香港零售市场在2026年第二季度走强

第二季度租金上涨2%。

据高力国际（Colliers）称，随着旅游业回升与零售销售改善继续支撑租赁活动与租金增长，香港零售市场在2026年第二季度走强。

该咨询机构报告称，零售销售同比增长10.6%，而今年前五个月访港旅客增至2300万人次，升幅14.1%。面向游客的零售商，尤其是纪念品与礼品经营者，仍保持活跃，目标锁定约800至1000平方英尺的较小零售单元。

高力国际表示，租赁需求仍具选择性，核心零售区优质空间供应有限，限制了成交活跃度。尽管存在这些制约，整体高街租金同比上涨2%，年初至今上升0.4%。

高力国际香港研究及零售咨询主管Kathy Lee表示，预计2026年下半年零售销售增长将持续，但随着部分增长动力常态化，增速会更趋温和。

据高力国际称，访港旅客持续增长以及优质高街零售空间供应有限，预计将支撑租金表现；该机构预测2026年整体高街租金将上涨约3%。