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Google News: Property: A question of not when but how fast prices will fall
[Financial Times] - Yu Kam-hung, executive director of valuation and advisory services at CB Richard Ellis in Hong Kong, is expecting a 10 to 20 per cent fall in the next 18 months. “All the major positive drivers of prices are over and done with.
Google News: HK residential land auction disappoints
[Financial Times] - Yu Kam-hung, executive director of valuation and advisory services at CB Richard Ellis in Hong Kong, said concerns about the international economy and sharp falls in the equity markets were also important factors that would make buyers wary.
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