SINGAPORE – HSBC’s first-ever financial program “HSBC Premier Elite Wealth Studio” weekly series makes its official debut, featuring market trends and sector developments from leading financial experts and industry leaders aimed to inspire HSBC customers on their investment journeys. The premiere episode takes a deep dive into the outlook of Hong Kong’s property market, featuring guest speakers JLL Hong Kong Chairman Joseph Tsang and HSBC Head of Hong Kong Equity Research and Regional Head of Real Estate Research Michelle Kwok.
Joseph analyzes the performance of both mid-sized and luxury residential units this year and discusses the role of mainland Chinese buyers in supporting the Hong Kong property market. He notes that developers are still under pressure from interest rates and need to actively reduce inventory, while the government continues to increase housing supply, indicating that the market may stabilize. In addition, Michelle shares her perspective on the property shifts by examining factors such as Hong Kong’s population trends, stock market performance, interest rate adjustments, and mainland capital flows.
According to a survey conducted among around 500 HSBC customers, the results show that 31% of the respondents expect property prices to rise slightly over the next three years, whilst 51% expect a decline of over 5%. Additionally, about one-third (32%) believe this year presents a good opportunity to enter the market.
In the upcoming episodes, “HSBC Premier Elite Wealth Studio” will explore topics of high interest to investors, including the silver economy and artificial intelligence, with expert commentary to explore investment possibilities.
