The unrelenting climb in Hong Kong’s residential property prices has been seen as one of the surest bets over the past decade. Photo: Edmond So
Will sharp rises in interest rates diminish Hong Kong’s love affair with property?
- Housing prices in the city have risen in three of the past five rate-rising cycles since 1993, according to JPMorgan
- Concerns about the city’s slowing economy, restrictions to control the pandemic could deter buyers too, agents say
The unrelenting climb in Hong Kong’s residential property prices has been seen as one of the surest bets over the past decade. Photo: Edmond So