HONG KONG - Hong Kong consistently ranks as the world's most expensive housing market and has just gotten even more expensive this year, rising more than 20% so far in 2017. Click on the video below, where CNBC explores why Hong Kong prices are so expensive....
Singapore’s home prices rose for the first time in four years, ending a record 15 quarters of decline and confirming recent signs that the property market is rebounding.
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Singapore’s housing prices have reached a bottom and will rebound, while Hong Kong’s “crazy” housing market will continue to defy gravity, according to BNP Paribas.
With the renewed interest in home buying recently, property agents are seeing more and more Singaporeans buying their second or third homes, despite having to incur the ABSD.