London will continue to draw investors despite short-term movements in its property market, according to experts who are keen to stress that the city's fundamental economic and political strengths...
- Sun
- Mar 3, 2013
- Updated: 11:26pm
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With the rest of the world engulfed by economic uncertainty, industry analysts are again looking east for good news in the property sector next year.
Multibillion-dollar infrastructure projects combined with new property developments mean the New Territories will become the biggest supplier of homes next year.
Two massive infrastructure projects will change the face of Kowloon forever. And that's not all, because there are ambitious regeneration plans for the old areas of the peninsula.
Despite the government's all-out effort to bring down prices in an overheated property market, experts foresee prices on Hong Kong Island to remain strong.
Owning a home is what most Hongkongers aspire to, as it enables them to feel committed to the place where they live, and helps form part of their identity.
It's all about timing, especially in one key area of investment-fuelled Hong Kong: the property sector. So what's the best time to dive in?
If there is one thing most experts agree on, it is the need to increase the supply of homes.
The events of 2012 are expected to have a significant bearing on the future direction of Hong Kong's property market.
Welcome to Property Outlook 2013, the inaugural issue of a real estate magazine by South China Morning Post, intended to help you plan ahead. The sector is facing a turning point because the main...
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