General view of Mount Nicholson at 8 Mount Nicholson at the Peak. Photo: Martin Chan
General view of Mount Nicholson at 8 Mount Nicholson at the Peak. Photo: Martin Chan

JPMorgan sees higher home prices from Hong Kong’s recovery as a buyer snares an apartment at the uber-expensive Mount Nicholson address

  • JPMorgan takes the bullish side as recent slide in Hong Kong home prices divides analysts at Morgan Stanley, Centaline agency
  • US bank does not expect negative wealth effect to have a sustained dampening effect on property market

General view of Mount Nicholson at 8 Mount Nicholson at the Peak. Photo: Martin Chan
General view of Mount Nicholson at 8 Mount Nicholson at the Peak. Photo: Martin Chan
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