Hong Kong Residential Sales

Housing Investment Consultancy
Residential Sales

March 2018

2018 looks set for further price rises and the possible launch of a luxury site on the Peak later this year is expected to fuel market sentiment further.

Luxury prices continued to rise while we also noted rebounding sales volumes over the last quarter in 2017 bringing a very active year to a dramatic close.

The townhouse market was dominated by both redevelopment and end user demand.

The primary market saw more apartments sold, many of them adjacent units, on both Hong Kong Island and in Kowloon, some of them grabbing headlines with record high prices.

Some Mainland corporates were also seen entering the market for newly completed products.

A prominent luxury site on the Peak has been included in the latest Land Sales Programme and this may further fuel market sentiment when it is launched.

Looking ahead, the luxury segment should continue to be supported Mainland and local end user demand.

 

Key contacts

Simon Smith

Simon Smith

Senior Director
Research & Consultancy

kamaco Two Exchange Square

+852 2842 4573

 

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