Property News · December 31, 2018

Hong Kong homebuyers beware: wait for better deals in second half of 2019


Buyer’s tip: wait until the second half of the new year before purchasing a home in Hong Kong.
While prices have already begun to slide in the world’s least affordable housing market, experts say a mix of events in the first six months of 2019 will weigh down prices further. Savvy buyers should let those play out before taking the plunge, they say.
These include a fresh supply of both new private flats and subsidised flats, possible mortgage rate increases, and cuts in asking prices…

Source : South China Morning Post
Read more…Hong Kong homebuyers beware: wait for better deals in second half of 2019

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