What next for Hong Kong property prices? Here’s our updated Curated News Brief with the recent local news/headlines in December about the Hong Kong property markets – focused on the market price signals and views and opinions from a wide range of local sources (translations via Google API):
A range of forecasts for 2020: 1) JLL: prices would fall by 10%-20% in 2020; 2) Cushman & Wakefield: a decline by 15% in H1; 3) Knight Frank: residential property prices and rents for Grade A office building would fall by 5% and 8%, respectively; 4) Lai Sun: single-digit decline in H1; 5) Far East Consortium and Hong Kong Property Services: the price would fluctuate by around 5%; 6) Centaline Property: ranging from a decline of 6%-8% (H1) to an increase of 2%-3% (Q1); 7) Citibank survey: 46% of the interviewees expect that price would fall in the next 12 months, fewer than 56% in Q3.
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