Hong Kong Halts Land Sales to Stabilize Commercial Real Estate Market
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#664879c2 ver:0.3

Hong Kong halts land sales to stabilize commercial real estate market amid high vacancy rates. Retail shop rents expected to increase slightly in H2 2024. Hong Kong's economy projected to slow to 1.7% in Q2 due to high interest rates. Surge in home sales, but lack of rate cuts may dampen market. Singapore plans to release most private housing supply since 2013. Mumbai leads Indian cities with 11.5% YoY increase in prime residential prices. Hong Kong government's decision aims to stabilize market and support economic recovery. #HongKong #realestate #economy #propertymarket #Singapore #Mumbai...

#newstr #HongKong #RetailMarket #ShopRents #VacancyRates #EconomicRecovery #HomePrices #HomeSales #SingaporeHousingMarket #MumbaiResidentialPrices #CommercialRealEstateMarket 

 https://here.news/story/664879c2?ver=0.3