Joseph Tsang is Managing Director of JLL Hong Kong. He also heads Hong Kong's Capital Markets business, overseeing residential sales, investment sales and related marketing initiatives, as well as JLL's sales consultancy business in the HKSAR.
Clients include Hong Kong Housing Society, Emperor Group, Sun Hung Kai Properties, Chinachem and many other private equities and institutional funds in Hong Kong.
JLL has been appointed to auction a 13-storey commercial building at 133 Wai Yip Street, Kwun Tong, Hong Kong for sale "as-is" and subject to existing tenancies said Joseph Tsang, Chairman at JLL in Hong Kong.
7,441 units will enter the market between now and 2020, but only 283 units will be in Central and Sheung Wan, accounting for just 0.3 percent of the overall unit supply.
“With such high residential unit prices across the market, the trend to build smaller, and therefore less expensive, units will continue for at least two more years,"
Minimum 40 percent down payment helps Hong Kong owners escape downward price pressure despite rate hikes