Luxury Real Estate Blog and News
While the number of construction projects in the real estate market is notably large, no bubble burst such as the one that occurred in 2007 is to be expected, SEB economic analyst Mihkel Nestor said.
Housing prices in Hong Kong are the most overvalued and at the greatest risk of collapse, according to a report focused on 20 major cities.
Recent reports of land fevers have raised concerns over the possibility of a real estate bubble in Vietnam similar to the historic one in 2008.
Hong Kong Island
Store rents at shopping malls in Hong Kong may dip somewhat but the slide for high-end street level retail spaces has yet to bottom out.
Shenzhen’s high-end housing market remains on the boil despite the city government’s introduction of tighter buying restrictions.
Suzhou’s housing market booms, despite measures introduced to tighten it.
Shenzhen last year surpassed Beijing and Shanghai to become the most expensive housing market in China.