HK property market shatters price records for 13th month in a row
The city's flats are second-most expensive in the world after Monaco
Hong Kong
PRIVATE home prices in Hong Kong broke historic records for the 13th straight month in November, with the ascent showing no immediate signs of ending and analysts expecting the rise to continue into next year.
Prices rose by 1.08 per cent in November, marking the fastest pace of growth in six months, according to data compiled by the Rating and Valuation Department released on Friday. The index, which began its climb in April 2016, surged 13.1 per cent year-on-year.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Abu Dhabi builder plans US$6.8 billion luxury housing project
JTC to sell hospitality project being built in Punggol Digital District
Mapletree Logistics Trust posts 2.5% drop in Q4 DPU; manager warns of further headwinds
Abu Dhabi developer Aldar posts 88% in Q1 leap
Without a game changer, Sentosa Cove condos will continue underperforming
Church to tackle US housing crisis