Hong Kong's Ballooning Home Supply

The video discusses the dynamics of buying properties off-plan in Hong Kong, highlighting the competition among developers due to a high number of unsold units. It examines the implications of increased home supply, including potential impacts on vacancy rates and market prices. The video also explores current market trends, such as developer incentives and mortgage options, and emphasizes the focus on local demand amidst challenges in attracting foreign investment.

What is the primary reason developers are competing among themselves in the Hong Kong real estate market?

• High demand for luxury properties

• A large number of unsold units

• Government incentives for developers

• Increasing foreign investments

What is the predicted impact on Hong Kong's property prices due to increased home supply?

• Stable prices with no change

• A 20% increase in prices

• A 20% drop in prices

• Prices will fluctuate unpredictably

What is the current vacancy rate in Hong Kong's real estate market?

• 2.7%

• 7.3%

• 3.7%

• 5.7%

Which strategy are developers using to make properties more attractive to buyers?

• Offering higher discounts and favorable mortgage terms

• Increasing property prices

• Focusing on commercial properties

• Reducing the number of available units

What is a significant challenge in attracting foreign buyers to Hong Kong's real estate market?

• Lack of available properties

• Strict government regulations

• High stamp duties for non-residents

• High local demand