The Real Estate Market in Hong Kong Today
An exploration of the factors driving high demand for residential and commercial real estate in Hong Kong today, and analysis of predicted property price gains in the region for real estate investors looking for an Asian opportunity.
real estate, investment, Hong Kong, China, real estate investment, profit, property, real estate investor
Now Hong Kong is a Special Administrative Region of China its star is rising as fast as Chinas and the entire real estate sector in Hong Kong is benefiting.
The physical geographic restrictions of Hong Kong mean that there is a finite supply of residential and commercial real estate available for sale and rent; and as Hong Kong further strengthens its already robust economic, trade and investment ties with China, the demand for real estate in the region is intensifying.
Competing for space are multinational companies and their massive expatriate employee base, local businesses and local residents, tourists and students. In fact the demand for residential and commercial space in Hong Kong is at its highest today since the glory days pre-1998. Having suffered an acute recession from 1998 until 2003 real estate prices are for sale at deflated costs and are therefore seen a
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