Property News · December 7, 2019

Hong Kong luxury home prices expected to stay flat next year amid protest fears, says Knight Frank


Hong Kong is the only major city in Asia that will not see any growth in luxury home prices next year, as investors stay on the sidelines until the months-long anti-government protests end, after having risen by about 40 per cent in the 10 years to 2018, Knight Frank said.“Against a tumultuous political backdrop, we expect Hong Kong’s luxury segment to see largely static prime prices in 2020,” according to a report by the consultancy that tracks 45 major cities worldwide.However, prime property…

Source : South China Morning Post
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