Eddie Kwok CBRE Hong Kong Valuation & Advisory Services

Hong Kong’s September 2024 residential prices fell by 1.7% month-over-month and 12.5% year-over-year, marking five consecutive months of decline, says Eddie Kwok, Executive Director, Valuation & Advisory Services, CBRE Hong Kong.

In August 2024, Hong Kong residential prices fell 1.7% month-over-month and 13.3% year-over-year, meanwhile rents rose 1.1% month-over-month, says Eddie Kwok, Executive Director, Valuation & Advisory Services, CBRE Hong Kong.

Eddie Kwok, Executive Director, Valuation & Advisory Services, CBRE Hong Kong provided insights on Hong Kong’s residential market in mid-2024 that banks are becoming more selective with mortgages, primary market sales surged to 9,419 units in H1 and are expected to dominate with up to 16,000...