Residential property: sustainable recovery or dead cat bounce?

The residential property market in Hong Kong at least looks as though it is in a recovery phase.

The public, in particular those burdened with negative equity on their residential properties, could at last utter a sigh of relief when the latest land auction results were announced on 29 August. With prices set for the two auctioned sites at the upper end of market expectations, it certainly looks like the mass residential market has finally found a floor under its feet. StockHouse Logo

The mass residential sector seems to have followed a 'last in, last out' rule and is...

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