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South China Morning Post
South China Morning Post
AsiaPac · 10 days ago
78◉ Centre
Hong Kong property upswing poised to hold despite interest rates risk: Moody’s
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AI Analysis
Quality 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline

Moody's Ratings projects Hong Kong's residential property market will remain resilient despite potential interest rate increases, citing strong demand from relocating professionals and rising rents, while office and retail sectors show early recovery signs.

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Hong Kong property upswing poised to hold despite interest rates risk: Moody’s
Hong Kong’s residential property market recovery is unlikely to be derailed by a potential increase in interest rates amid the Middle East conflict, as demand is supported by professionals relocating to the city and surging rents, according to Moody’s Ratings. At the same time, the moribund office and retail property sectors were showing signs of improvement on the back of leasing activity despite continued headwinds, the credit-rating agency said in a commentary released on Monday. “We expect..
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