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HK Property Prices Taking A Tumble

Patrick Wong, Head of Bloomberg Intelligence Hong Kong & Senior Analyst - Asia Pacific Real Estate, Bloomberg Intelligence

09-Sep-24 07:30

HK Property Prices Taking A Tumble

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.

Image Credit: shutterstock.com

Produced by: Natalie Tan

Presented by: Shazana Mokhtar, Wong Shou Ning


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Categories:  markets,  property,  economy

Tags:  hong kong property sector,  home prices, 


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