Market Chatter: Hong Kong Home Prices Seen to Increase as Market Optimism Improves

MT Newswires Live10-03

Real estate developers in Hong Kong could choose to lower discounts or even increase the prices of new homes as market optimism improves amid low interest rates, The Standard reported Thursday, citing CK Asset (HKG:1113) Chief Sales Manager William Kwok Tze-wai.

Lower interest rates have led to improved confidence among home buyers and investors, and home prices in the city have come to their lowest, the report said, citing Kwok.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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