Property News · December 4, 2018

Hong Kong’s overheated office prices to bear brunt of trade war, volatile markets and rising rates, says Savills


Savills said that sales prices of offices in Hong Kong will fall next year, becoming the first big consultants to predict the downturn, as the trade war, stock market volatility and rising interest rates take a toll on the sector.
Prices of grade A offices and prime street shops will drop by as much as 5 per cent, while home prices will see a much larger decline of up to 10 per cent, according to Savills. Prices of all other categories, such as Central grade A offices, town houses and…

Source : South China Morning Post
Read more…Hong Kong’s overheated office prices to bear brunt of trade war, volatile markets and rising rates, says Savills

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