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Market resilience drives luxury residential demand

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Activity around Hong Kong SAR’s luxury residential sector has been positive since the halfway mark of 2020. Sales transactions were up 54% in H2 2020, creating a surge of activity in H1 of 2021. And the total price consideration between July 2020 and June 2021 came in at HK$12.8 billion, a 115% increase over the same period one year before. 

With Hong Kong’s real estate at a turning point, where are the main districts of focus for luxury residential, what are the main drivers, and will this momentum sustain? 

To #SeeWhatCouldBe for you in the luxury residential market, download our latest White Paper, or speak to one of our experts Hannah Jeong, Jason Fung, or Rachel Chin, today.

 

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Market resilience drives luxury residential demand

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Related Experts

Hannah Jeong

Head of Valuation & Advisory Services

Valuation & Advisory Services

Hong Kong

Hannah Jeong has extensive valuation & advisory services experience over 15 years including property investment and development projects specialising in valuation, development consultancy, financial analysis and feasibility studies. Project’s geographic coverage span across Asia Pacific and Middle East, in particular Hong Kong, China and Korea. She has started her career with Colliers since 2006 and is now heading our Valuation and Advisory Services - Hong Kong Office with over 40 professionals.

Hannah has strong client coverage on major financial institutions including global real estate funds and private equity firms.

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Jason Fung

Director

Valuation & Advisory Services

Hong Kong

Jason joined the Valuation and Advisory division of Colliers International in  2016 and is now acting as a Senior Associate Director of the division.  He has gained over 12 years of experience in the real estate field and specialises in valuation of a diverse range of properties in HK and China.

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Rachel Chin

Associate Director

Valuation & Advisory Services

Hong Kong

Rachel is an Associate Director of Colliers’ Valuation and Advisory Services in Hong Kong. She specialises in valuation and consultancy services across the property sector, in particular portfolio valuations for corporate clients and feasibility studies in China.

View expert