Maggie Ng 5.0 2 ideas

Hong Kong retail property prices are expected to rise about 7% year-on-year due to improving consumer confidence, a 50% increase in property sales transactions, and a resilient market supported by being a gateway between mainland China and the world.

Commercial real estate, especially office space, has bottomed out and is in a slightly better position than retail space, although it will take longer to recover due to high vacancy rates and changing consumer behavior shifting more online.