Chart of the Day: Here's how difficult to find available office space nowadays

Growth in occupiers' demand down from a high of 60% in the 1Q to 20% in 3Q.

According to RICS survey, occupier demand picked up slightly in Q3 on a quarterly basis, with the net balance changing from +21 to +25.

Respondents also recorded a marginal rise in available space with the net balance shifting up to +8 from +6. 

Sentiment in Hong Kong appears to be more buoyant than China, says RICS.

"Occupier demand continued to rise in spite of a slowing economy, and  with supply relatively stable, rental expectations increased at a faster
pace than in Q2. However, due to the negative impact of increased  global uncertainties and weakening external demand on the economy,  rents are still expected to decline for offices, though at a lesser pace than  last quarter. The investment market is also seeing solid performance in sentiment, with enquiries continuing to rise. Significantly, expectations of  future transactions gained further upward momentum, and this increase in demand has raised capital value expectation," it added.