Hong Kong’s housing market demonstrates its resilience and will continue to roll with the punches in 2022

MARKET NEWS

By: Victoria Allan

05 Jan 2022

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Now is the time to buy after 20% price decline, agents say including Habitat Founder & MD Victoria Allan

SCMP: With international investment banks predicting 5 to 10 per cent price declines in Hong Kong homes next year, property agents believe now is an opportune time to consider buying

Habitat Property創辦人Victoria Allan: 減辣提升投資者信心

新施政報告本月底出台前，市場均希望政府就樓市辣招「減辣」；Habitat Property創辦人及總監Victoria Allan表示，港府應考慮取消或減少部分「辣招」，以增加市場流動性和資金流動。

SCMP: Habitat Property Predicts Upcoming Increase in Residential Transaction Volumes as Vendors Adjust Pricing Expectations

As recently published in SCMP, whilst rising interest rates and a slower-than-expected recovery in China’s economy continue to dampen sentiment, Habitat expects the balance of 2023 to outperform the second half of 2022 as buyers look for value opportunities

Habitat Property’s Victoria Allan says removal of Hong Kong’s property curbs is likely to boost home sales, but high interest rates are likely to keep prices in check

Another round of interest rate increases could also be in the offing, especially if the Israeli-Palestinian conflict drags on any longer and worsens in the coming days, potentially leading to a surge in oil prices, said Victoria Allan, Habitat’s founder and managing director.

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