Property News · May 9, 2019

Hong Kong’s property market has 10 more years in its bull run as population inflow from Greater Bay gives it sustenance


Hong Kong’s property bull market has another 10 years to run, as housing supply fails to keep up with the new population pouring in from the Greater Bay Area, said the Swiss bank UBS, which correctly picked the bottom in the city’s short-lived price correction last year.Home prices will continue spiralling upwards as buyers compete to get their hands on residential property, according to the bank’s real estate research team, led by John Lam. Hong Kong’s annual housing stock is estimated at 45…

Source : South China Morning Post
Read more…Hong Kong’s property market has 10 more years in its bull run as population inflow from Greater Bay gives it sustenance

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