Hong Kong Property Prices Rise Despite New Tax

The video discusses the effects of market curbs introduced in Hong Kong to cool the property market. These curbs have inadvertently shifted demand to new homes, as buyers anticipate further price increases. The video also highlights a recent property bubble and the dynamics in the secondary market, where existing homeowners are hesitant to sell due to stamp duties and competition from developers offering incentives.

What impact has the demand for new homes had on the secondary market?

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