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PW
Patrick Wong
Bloomberg Intelligence (head of Hong Kong real estate research)
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Anchor cites BI's call that Hong Kong housing is ready for a sustainable rebound with secondary prices jumping 19% over this year and next @91:11. Wong sees another 4% in the second half after 7% year to date ('to both 11%' reads as 'to boost 11%' this year), on rental growth near 5% a year, student and work-visa inflows, plus a 5% office rent growth forecast for 2026-27 @93:54.
“We run our model and then we come up with the ideas that several major factors also driving the Hong Kong prices to both 11% this year. And then so far, every year today, it's also up about 7%.”
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