A Tale of Two Cities: Hong Kong SAR vs Singapore (CBRE) 05 June 2023
Hong Kong SAR and Singapore are both firmly established as popular locations for multinational corporates to locate their Asia Pacific headquarters.
While the two cities have always enjoyed a competitive rivalry, recent sociopolitical developments and the enactment of anti-pandemic measures, although now abated, have prompted some companies to think about their operational and physical footprint in the region.
This report compares the two markets across seven key factors:
- Influence in Asia Pacific
- Scale of financial industry
- Scale of technology industry
- ESG and green building initiatives
- Talent availability and attraction
- Office rents/price
- Office availability
The report also discusses topical issues such as:
- How the two cities are set up to develop and grow in the post-covid world
- The competitive advantages of the two cities across industries
- Whether real estate pricing and rental gaps are narrowing, and by how much
- How the two cities will evolve over the next decade with reference to government master plans
This report was originally published in https://apacresearch.cbre.com/en/research-and-reports/A-Tale-of-Two-Cities-Hong-Kong-SAR-vs-Singapore
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