A view of Sham Shui Po, one of the densest and most vibrant neighbourhoods in Hong Kong. Photo: Martin Chan
Opinion
Opinion
Concrete Analysis
With Hong Kong’s property market on verge of huge correction, government must take steps to cushion downside risks
- As the highly publicised vacancy tax is set to be implemented next month, the pressure on housing prices will only increase as more supply hits the market
- JLL expects grade A office rents to correct by 15 to 20 per cent next year on the back of lower demand for commercial property
A view of Sham Shui Po, one of the densest and most vibrant neighbourhoods in Hong Kong. Photo: Martin Chan