Property News · June 26, 2018

Will Hong Kong keep its crown as world’s biggest luxury housing market?


Hong Kong’s stratospheric luxury property market might be overtaken by other global hotspots such as Los Angeles this year in terms of total sales value, according to Christie’s International Real Estate.
“Every year Hong Kong sets the world record for luxury sales [by transaction value], but that may not hold true this year,” said Zackary Wright, the company’s executive director for APAC and Western North America.
“This is not because Hong Kong is slipping,…

Source : South China Morning Post
Read more…Will Hong Kong keep its crown as world’s biggest luxury housing market?

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