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Hong Kong Property Market Monthly Report - July 2017

MARKET HIGHLIGHTS

 

  • In the Grade-A office leasing market, Central continued to outperform, while Causeway Bay and Wan Chai faced increasing competition from Wong Chuk Hang.
  • Home sales rebounded slightly in June, as the impact of the cooling measures faded. However, home prices are expected to rise at a slower pace amid interest-rate rises and increasing supply.
  • The retail market recovered further. The speed of the continued recovery will depend to some extent on government steps to strategically boost visitor arrivals and retail sales.

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Content provided by Knight Frank
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