JLL’s Wong Sees Meaningful Drop in Hong Kong Rents, Prices in 2020

The video discusses the downturn in the Hong Kong property market in 2020, influenced by macroeconomic factors like US-China trade talks and local economic conditions. It highlights the significant impact on retail and residential sectors, with a notable drop in rents and prices. The video also explores the waning demand from PRC investors and potential shifts in investment back to the mainland, influenced by changes in China's credit policies.

What factors are influencing the property market's downturn in 2020?

What assumptions are made regarding the social situation in Hong Kong?

What is the expected impact on retail rents according to the text?

What are the expected trends in the residential property market?

How has the demand from PRC investors changed recently?