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

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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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