The Real Estate Market in Hong Kong Today

Now Hong Kong is a Special Administrative Region of China its star is rising as fast as China’s and the entire real estate sector in Hong Kong is benefiting. The physical geographic restrictions of Hong Kong mean that there is a finite supply of residential and commercial real estate available for sale and rent; and as Hong Kong further strengthens its already robust economic, trade and investment ties with China, the demand for real estate in the region is intensifying. Read More

Hong Kong’s Tax on Unoccupied Apartments Is Unlikely to Reduce Property Prices

Hong Kong’s plans to impose a tax on unsold new apartments will probably not have a big effect on the hot housing market in the city. The levy was announced as part of a wider effort to boost supply in the world’s most inaccessible property market. But analysts from Goldman Sachs, Morgan Stanley and JPMorgan Chase say that the new tax will not stop the price increase. Cooling the property boom in Hong Kong is one of the biggest challenges, Read More