Asia property

Property remains an unshakeable asset

Asia’s residential property market continues to grow despite the global economic slowdown, according to a new report by Knight Frank.
<div style="text-align: left;">
Hong Kong property had its strongest quarterly growth for almost three years
</div>
<div style="text-align: left;"> Hong Kong property had its strongest quarterly growth for almost three years </div>

Bricks and mortar seem to retain their solidity in an uncertain economic climate and when facing a battering from volatile financial markets. When all else appears precarious, investing in homes offers some security.

Most countries in Asia experienced price growth in their residential property markets during the second quarter of this year. Shining brightest was Hong Kong, which had its strongest quarterly growth since the third quarter of 2009.

However, sentiment continues to be influenced by the uncertain global economic backdrop, according to Nicholas Holt, in the latest edition of Knight Frank’s Asia-Pacific Residential Review.

Several conflicting forces seem to be at work,...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222