Opportunities for a recovering market
After three years of business disruption and stringent anti-COVID measures, Hong Kong SAR finally has an opportunity to deliver uninterrupted recovery in 2023. This gives Hong Kong’s real estate market reason to be cautiously optimistic across both the leasing and investment sectors.
It is expected that the city will return normal in Q1, but real estate stakeholders need to contend with ongoing challenges, such as global inflation, further interest rate rises and currency volatility. Furthermore, we believe global geopolitical tension and a potential global recession will continue to create global macroeconomic risks.