Amidst trade tensions between China and the U.S., Hong Kong’s political unrest has continued to dampen market sentiment. According to the newly published RICS-Spacious Hong Kong Residential Market Survey, Confidence Index continues to fall from -54 in July to -76 in August.
Hong Kong Commercial Property Market Recovers Confidence in Early 2019, Confirms RICS Report
The stagnation experienced across Hong Kong’s commercial property market last year has eased, as confidence returns moving into 2019, according to an authoritative new report by the RICS (the Royal Institute of Chartered Surveyors).