Hong Kong Residential Sales

Housing Investment Consultancy
Residential Sales

April 2016

Luxury primary launches met with mixed responses inducing declines in both prices and volumes.

A turbulent stock market, concerns over the Mainland economy and tighter local credit availability all contributed to a quiet luxury residential market in Q1.

Luxury sector transaction volumes declined due to mixed responses to primary launches.

The super luxury segment also endured a difficult period though a few significant transactions were made.

Luxury sector prices declined in both the Hong Kong Island and Kowloon markets with primary launches dragging down secondary prices.

Luxury residential prices are on course to decline by another 10% over the next three to six months with a possible Mainland hard-landing and increased capital controls restricting Mainland buying interest.

 

Key contacts

Simon Smith

Simon Smith

Senior Director / Head of Research & Consultancy
Research & Consultancy

Two Exchange Square

+852 2842 4573

 

Subscribe to kamaco research

 

Would you like to be notified via email about new research?

ADD/EDIT BLOG TAGS