# Hong Kong Island prime office rents rise 20.7% in YTD August

- **Source:** Real Estate Asia
- **Published:** 2026-10-02T02:34:24.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/commercial-office/news/hong-kong-island-prime-office-rents-rise-207-in-ytd-august
- **Topics:** Commercial & Industrial, Regional Markets

## Featured rationale

Strengthening financial-sector demand and constrained contiguous Grade A space signal an accelerating flight to quality that could support further leasing momentum in Central trophy towers.

## AI summary

Hong Kong’s Premium Central office vacancy tightened to 8.5% in August 2026, while prime Hong Kong Island rents rose 20.7% year to date.

## Original article

And prime office vacancy fell to 8.5%.

Hong Kong's prime Central office market has reached an inflection point, with Premium Central vacancy tightening to 8.5% and rents rising 20.7% year to date, according to Knight Frank's August 2026 market report.

Knight Frank said the market has bottomed out faster than anticipated, supported by an aggressive flight to quality and sustained demand from global and mainland financial institutions. Demand for core Grade A harbourfront buildings is now rapidly outstripping the availability of prime contiguous space, the agency said.

The shift is also evident among some of Central's largest buildings. Cheung Kong Center II and The Henderson, which had previously weighed on market absorption, are now nearing full occupancy, according to Knight Frank.

The agency highlighted several significant commitments, including a three-floor lease by a US quantitative trading firm and a two-floor commitment from a mainland securities house. These deals have helped accelerate the absorption of space in the trophy towers.

Activity is also picking up in Causeway Bay, where Lee Garden Eight recorded a sharp increase in leasing activity and attracted multiple offers in August, Knight Frank said.

Overall, the August data points to a market in which demand for high-quality Central offices is strengthening while the supply of suitable contiguous space remains constrained, according to the agency.

## Chinese translation

> Translation model: openai_codex_cli

### 香港岛优质写字楼租金截至8月年初至今上涨20.7%

香港优质中环写字楼市场已到达拐点，Premium Central空置率收紧至8.5%，年初至今租金上涨20.7%，ac

而优质写字楼空置率降至8.5%。

Knight Frank的2026年8月市场报告显示，香港优质中环写字楼市场已到达拐点，Premium Central空置率收紧至8.5%，年初至今租金上涨20.7%。

Knight Frank表示，在积极转向高品质物业以及全球和内地金融机构持续需求的支持下，市场触底速度快于预期。该机构表示，对核心甲级海滨大楼的需求如今正迅速超过优质连续空间的供应。

这种转变在中环一些最大型的大楼中也很明显。Knight Frank表示，此前曾拖累市场吸纳的Cheung Kong Center II和The Henderson，如今已接近满租。

该机构重点提到数项重大承租承诺，包括一家美国量化交易公司的三层租约，以及一家内地证券公司的两层承租承诺。这些交易帮助加快了标志性大楼空间的吸纳。

铜锣湾的活动也在回升，Knight Frank表示，Lee Garden Eight在8月录得租赁活动大幅增加，并吸引了多个报价。

该机构表示，总体而言，8月数据表明，市场中对高品质中环写字楼的需求正在增强，而合适的连续空间供应仍然受限。