China's reopening set to boost Hong Kong's property market as retail leads the recovery: Colliers

over the last three years may paint a new picture to the new retail market sentiment," it added.

In the office sector, Grade A office rents will bounce back by 3% this year, said Colliers — thanks to "pent-up demand from Chinese and overseas companies.""But it's not it's not the end of the world because … compared with other peer cities, 8% to 10% is a generally reasonable number," she added.in October as interest rates hikes pushed up borrowing costs.

This resulted in a "softening of investment demand," said Jeong, but the demand from homebuyers still exists. "Homebuyers … [have been] utilizing this time when market is softening, they can snatch the cheaper flats," she added.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for CryptoHong Kong's Secretary for Financial Services and the Treasury told lavender_au that the “blocks are ready” to build the city's crypto ecosystem. lavender_au Whilst America gets left behind, with backward thinking senators and the SEC , lavender_au That's great news lavender_au Cool news! HK is leading the way in DeFi by making the blocks ready to enable trustless tech. Can't wait to HODL and see what's next for the city's crypto ecosystem! PlusToken
Source: CoinDesk - 🏆 291. / 63 Read more »