Hong Kong Property Launches Reach a 7-Year High Amid Analysts' Forecasts of Moderating Demand

Sunday, 28 April 2024, 23:30

The Hong Kong property market has witnessed a surge in new launches, hitting a seven-year high amidst strong sales and the lifting of cooling measures. Analysts suggest that the pent-up demand in the market may soon stabilize, reflecting a more balanced growth trajectory going forward.
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Hong Kong Property Launches Reach a 7-Year High Amid Analysts' Forecasts of Moderating Demand

Hong Kong Property Market Update

Buoyed by the brisk sales of flats following the removal of Hong Kong’s property cooling measures, the city’s developers have this year launched 4,800 new units as of last week, a seven-year high.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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