Hong Kong's Property Frenzy Is Spreading to Public Housing
- Apartment smaller than a parking space sells for HK$2 million
- Investors snap up smaller units for attractive rental yield
Hong Kong's property stocks may be cheaper than Singapore's, but that doesn't make them more attractive. That's because more analysts fear that Hong Kong real estate is teetering on the edge of a slump, while Singapore's market shows signs of bottoming out. Bloomberg's Sree Vidya Bhaktavatsalam reports on 'Bloomberg Markets: Asia.' (Source: Bloomberg)
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Hong Kong’s property boom is spreading to public housing.