You are here

HK home property prices continue to defy gravity

Surge fuelled by thriving economy, as well as strong demand from mainland Chinese and limited land supply

BT_20141120_HOLE12_1375556.jpg
From a low point of Hong Kong's property market in 2003, average house prices have increased by more than 300 per cent, according to data from the Centa-City Index.

Hong Kong

THERE are breathtaking views of Victoria Harbour from a 23rd-floor apartment that recently sold for US$722,000 in the new Le Riviera building. The high-end German appliances and marble countertops evoke European luxury. In the entrance of the building, colourful wire mesh...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes