Mount Nicholson, a luxury housing estate in Hong Kong. Another record price for a home in Asia was set after a Hong Kong residential unit at the mountaintop luxury flat building was sold for over US$70 million. Photo: AFP
Record property prices and higher interest rate rises make investors anxious about Hong Kong property market
Colliers now suggests some investors are starting to view Singapore and Shanghai as offering better investment potential than Hong Kong
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Hong Kong property
Mount Nicholson, a luxury housing estate in Hong Kong. Another record price for a home in Asia was set after a Hong Kong residential unit at the mountaintop luxury flat building was sold for over US$70 million. Photo: AFP