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 expected impact of the vacancy rate on the housing market in Hong Kong?

What strategies are developers using to attract buyers in the current market?