A residential building under construction near Lion Rock in Hong Kong, on October 11. Photo: Dickson Lee
A residential building under construction near Lion Rock in Hong Kong, on October 11. Photo: Dickson Lee
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

It’s pointless to compare Hong Kong’s falling home prices with Singapore’s booming market

  • It may be tempting to view property market trends in the two economies against the backdrop of their much-discussed rivalry, but that would be misleading
  • Unlike Singapore, Hong Kong has long suffered from a lack of affordable housing, and the recent fall in prices hardly constitutes a correction

A residential building under construction near Lion Rock in Hong Kong, on October 11. Photo: Dickson Lee
A residential building under construction near Lion Rock in Hong Kong, on October 11. Photo: Dickson Lee
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