Positive Sentiment for High-end Property Market
Joseph Tsang, Head of Capital Markets, Hong Kong

A number of high-profile property auctions have been seen in Hong Kong recently. The auctions' results proved that properties with prime locations are always sought-after and can definitely fetch a premium. As developers are always keen to build luxury residential sites in prime locations in Hong Kong, the limited supply of premium sites almost guarantees that the value is sustainable. The market sentiment for high-end property is expected to remain positive.