Investment appetite remains positive despite the local market turbulence
After years of strong rental and capital value growth, Hong Kong’s property market is entering a consolidation phase following an economic slowdown and the current political instability. In our Annual Hong Kong Investor Survey Report 2019, we surveyed Hong Kong based institutional investors, private equity funds, family offices, and developers, to gain insights into current trends and challenges impacting the city’s investment market.
While investors’ appetite remains positive towards purchasing real estate in 2020, we expect the next 12 months to be a buyers’ market as investors look for discounted property prices and transactions are likely to take longer. Likewise, investors are keen to purchase real estate in Hong Kong, but many feel it’s becoming hard to get decent deals while prices stay high in the current low yield environment, leading towards more interest in outbound investment opportunities.
While investors’ appetite remains positive towards purchasing real estate in 2020, we expect the next 12 months to be a buyers’ market as investors look for discounted property prices and transactions are likely to take longer. Likewise, investors are keen to purchase real estate in Hong Kong, but many feel it’s becoming hard to get decent deals while prices stay high in the current low yield environment, leading towards more interest in outbound investment opportunities.