Property News · June 9, 2020

Protest-wracked Hong Kong still world’s priciest housing market in 2019 as Asian cities dominate top five, says CBRE survey


Four of the world’s five most expensive housing markets were in Asia last year, with Hong Kong maintaining its crown as the priciest with an average price of US$1.25 million, according to a report by property consultancy CBRE.Whether Hong Kong can hold on to the spot is uncertain, with analysts expressing mixed views about the city’s prospects given the global downturn and the resurgence of political tensions over a security law that China plans to impose, a measure widely perceived as eroding…

Source : South China Morning Post
Read more…Protest-wracked Hong Kong still world’s priciest housing market in 2019 as Asian cities dominate top five, says CBRE survey

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