Meli: The vacancy rate of street shops in the four core shopping districts of Hong Kong in the first quarter has risen to approximately 12.1%, hitting a new high in nearly four and a half years.

According to the financial APP of Wisdom Finance, based on the comprehensive data from the Land Registry of the US Chamber of Commerce, in the first quarter of 2025, the vacancy rate of street shops in Hong Kong's four major core shopping districts (Central, Tsim Sha Tsui, Mong Kok, and Causeway Bay) has risen to around 12.1%, reaching a new high in nearly 4 and a half years. It is worth noting that there has been a phenomenon of an increase in the number of registered transactions in the first 5 months, with 395 transactions recorded during the period, representing a year-on-year increase of approximately 6.5%; the registered amount is approximately HK$64.67 billion, a year-on-year decrease of approximately 26.7%.