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Hong Kong's financial budget proposal is expected to bring positive news, leading to a new round of rising waves in the real estate market.
The Chief Executive of the Residential Division of Midland Realty, Bu Shaoming, stated that the market is looking forward to Hong Kong's new Budget.
S&P: It is expected that the rental prices for Class A office buildings in Hong Kong will decline by 8-10% this year.
Standard & Poor's published a report stating that office rents in Hong Kong are expected to continue declining this year, and valuations will follow suit. Major real estate developers holding Grade A office properties will face the impact of property valuation adjustments.
Private Home Completions in Hong Kong Rise 75% in 2024
Gao Li: It is expected that Hong Kong's property prices will remain stable in the first half of the year.
According to Gao Li, Hong Kong property prices are expected to remain stable in the first half of 2025.
The Meilun Building Price Index increased by 0.44% month-on-month and has risen approximately 0.81% so far this year.
The latest report of the Meilian House Price Index is 129.17 points, with a week-on-week increase of 0.44%;
Hong Kong Housing Analysts Predict a Market Bottom This Year
Market Still Lacking Some Conviction On Kowloon Development Company Limited (HKG:34)
