The demand for small apartments increased in Hong Kong

The rapid growth in property prices in Hong Kong does not allow people with low purchasing power to buy houses, so potential buyers are increasingly turning their attention to the final price, rather than looking for a low cost per square meter. According to Bloomberg, buyers in Hong Kong are now looking for apartments that are smaller than two parking spaces to get housing in the world's most inaccessible market. Over the last 8 months, the demand for real estate with an area of no more than 28 square meters, which is 12.4% of sales in the city, grew by 52% compared to 2017. Houses in Hong Kong in 2018 went up by 14%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
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