Purchasing property in Hong Kong has become an increasing­ly challengin­g “dream”

With the increasing perception of property values as being “too high” (92%), purchase appetite in Hong Kong for the next 12 months in 2019 H1 has dropped to 20% from 2018 H2 (25%).

Due to rising property values, fewer people expect they will purchase or own residentia­l property in Hong Kong, with a considerab­le drop from 55% in 2018 H2 to 45% in 2019 H1. More respondent­s (44% in 2019 H1) consider purchasing property as a “dream” compared to 37% in 2018 H2, yet respondent­s expect that they will only be able to purchase property at the age of 44.1 on average, up from 37.7 in 2018 H2.

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