Real Estate

Hong Kong Real Estate Report Q1 2012: Demand and Prices to Decline Steadily over the Coming Months

  2012 FEB 3 - (VerticalNews.com) -- Research and Markets (http://www.researchandmarkets.com/research/8c6d7e/hong_kong_real_est) has announced the addition of the "Hong Kong Real Estate Report Q1 2012" report to their offering.

  Prices and demand in Hong Kong's real estate sector have peaked, particularly in the residential and office sub-sectors. Analysts are expecting demand and prices to decline steadily over the coming months, thanks in part to the government's residential price cooling measures. Nevertheless, the country is likely to remain the world's most expensive for property over the medium term.

  Business Monitor International's Hong Kong Real Estate Report provides industry professionals and strategists, corporate analysts, real estate associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Hong Kong's Real Estate industry.

  A consistent increase in the number of tourists arriving from mainland China have helped contribute to Hong Kong's retail sub-sector seeing the most success during the H211. This is likely to continue at least over the short term, as the country is perceived as one of the most reliable for retail products, providing high quality produce at low prices.

  Industrial demand may experience a temporary fall, as external trade has decreased to the US and eurozone amid debt fears in those regions. However, logistics companies are increasingly looking towards emerging markets for their property, and although BMI is yet to see an increase in demand this may counter any forthcoming decline caused by reduced exports.

  Keywords: Asia.

  This article was prepared by VerticalNews Real Estate editors from staff and other reports. Copyright 2012, VerticalNews Real Estate via VerticalNews.com.