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How Hong Kong’s luxury property market adapted to Covid-19 and re-emerged as an attractive asset class in 2021


Hong Kong’s ever resilient property market is having a fruitful 2021 so far. Unprecedented confidence has returned to the market, and sales figures are topping 6,500 per month – not bad for a market that was wracked by uncertainty just 12 months ago. A new MTR line, Tuen Ma, and surprising economic numbers have pushed values in the mass sector up 3 per cent as of July, and 3.9 per cent at the luxury end of the market, according to JLL.The luxury sector has always been a singular creature:…

Source : South China Morning Post
Read more…How Hong Kong’s luxury property market adapted to Covid-19 and re-emerged as an attractive asset class in 2021

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