A crane at a construction site at the former Kai Tak airport area in front of residential buildings Photo: Bloomberg

Decision to cut percentage of private housing stock prompts fears it will prevent Hong Kong’s property market from cooling down

  • Demand likely to remain high as supply drops, keeping prices buoyant, say economists
  • According to other analysts, however, the city’s property market is influenced more by the global economy than local policies
Topic |   Hong Kong housing

TOP PICKS

A crane at a construction site at the former Kai Tak airport area in front of residential buildings Photo: Bloomberg
READ FULL ARTICLE