Hong Kong property set for another year of steep price rises
About 35,000 new flats are going on the market in Hong Kong this year, with flats costing less than HKD6m ($768,000) expected to be the most popular with first-time buyers. However, prices are forecast to remain stubbornly high this year, with predictions of further rises of 10% to 20%. Last year, flats near stations on the city's mass transit railway experienced the biggest increases, of between 15% and 20%. Apartment sales volumes are expected to be 5% higher than in 2017.

Most of the new supply to come up in Tseung Kwan O, Tai Po and Tuen Mun