Asia

Hong Kong home price rise likely to be short-lived

Hong Kong secondary property prices rose 1.6% in Q2, but analysts predict the rebound could prove short-lived.

Prices had fallen 4.8% in the prior quarter, the figures from the Rating and Valuation Department showed. Prices are 11% off the September peak.

Increased supply is one of the hurdles facing the sector. More than 18,000 new units are expected to be completed this year.

Click here for the full Bloomberg article

Other News

podcast

Tax, ‘toppiness’ and the non-existent Trump bump. Just what is happening in the US real estate market?

Whatever you might think of the US’s new president, many expected Donald Trump’s election to boost business and US growth in general. CBRE’s head of… Read more »

A Asia

Innovation is the catalyst for change

Having a voice is one thing. Making sure it is heard is an altogether trickier business, even if you are a world-renowned architect responsible for… Read more »

A Asia

Smart cities need intelligent infrastructure

Cities are under a lot of pressure. Once upon a time it was perfectly acceptable for global metropolises and the buildings they comprised to stand… Read more »

A Asia