Hong Kong’s property market continues to be as hot as ever. Photo: Bloomberg
Tom Holland
Opinion

Opinion

Tom Holland

Why the extradition bill protests won’t burst Hong Kong’s property bubble

  • Observers argue that a dip in sentiment due to the protests, higher mortgage rates and declining affordability should surely trigger a downturn
  • But as the data shows, the property market is still red hot, and housing affordability is not significantly worse than at any time over the last decade

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Hong Kong’s property market continues to be as hot as ever. Photo: Bloomberg
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Town houses at a luxury development in Hong Kong’s Repulse Bay. Photo: Edmond So

Demand for Hong Kong’s luxury homes slips as trade war, threat of extradition bill rattle wealthy investors

  • The proposed law that sparked weeks of mass rallies has made some super-rich investors look beyond Hong Kong to park their wealth, says Savills
  • Prices of town houses, typically ranging from 2,000 to 4,000 square feet, fell 1.5 per cent in the second half
Topic |   Hong Kong property

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Town houses at a luxury development in Hong Kong’s Repulse Bay. Photo: Edmond So
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