The WPJ

Asia Pacific Residential

Hong Kong New Residential Construction Completions to Implode 44 Percent by 2026

Based on JLL's latest Hong Kong Residential Market Monitor Report, JLL forecasts annual private housing completion in 2026-2028 to decrease 44% compared to 2023-2025.

Global Cities Residential Price Growth Recovers as Interest Rate Cuts Begin

According to property consultant Knight Frank, global housing markets continue to display healthy price growth in late 2023, despite the record rise in interest rates since late 2021. Across our basket of world cities, average prices only experienced a decline on a quarterly basis in the final quarter of 2022, after which prices have risen by 2.7%.

Hong Kong's Residential Property Market Faces More Challenges in 2024

According to global property consultant JLL, Hong Kong's residential market turned more sluggish in the second half of 2023 as buyers are cautious amid rising interest rates and the challenging external environment.

2024 Elections Rank as Biggest Potential Risk to Luxury Housing Markets Worldwide

Based on new data by Kate Everett-Allen, head of international residential research at Knight Frank, despite 2 regional wars, rising mortgage rates and inflation, global economies have displayed surprising resilience, with recent inflation figures suggesting a turning point.

Asia Pacific Residential Property News












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