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
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore