BFM Podcast
HK Property Prices Taking A Tumble
09-Sep-24 07:30
Patrick Wong, Head of Bloomberg Intelligence Hong Kong & Senior Analyst - Asia Pacific Real Estate, Bloomberg Intelligence
Hong Kong, which houses some of the most expensive properties in the world, is currently experiencing a crisis, with owners being forced to slash prices. The downturn in the city has persisted for around five years. Patrick Wong, Head of Bloomberg Intelligence Hong Kong & Senior Analyst - Asia Pacific Real Estate tells us if we can expect any government support and which listed players will survive this downturn.
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HK property market vs Singapore property market
file:///C:/Users/Owner/Desktop/HK%20vs%20Sg%20housing.pdf
Property prices in Hongkong must come down by at least 50% to find buyers that can afford a 400 sft flat.
2 months ago
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Everybody knows HK properties are beyond affordability of most wage earner. They will have to foot out 60% of their salary and slog for 2 generations to pay off their mortgage.
2 months ago