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Hong Kong property market proves resilient amid mounting crises
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Prospective buyers waiting outside the sales office of The Campton residential project in Hong Kong last Tuesday. Despite the city's contracting economy, existing home prices have risen by 1.2 per cent this year.
PHOTO: BLOOMBERG
HONG KONG • A controversial security law that threatens to upend Hong Kong's status as an Asian financial hub has not slowed the world's most expensive real estate market.
Dozens of would-be buyers lined up in the rain last week for a chance to bid for 94 apartments in The Campton project in central Kowloon, with prices starting at HK$6.8 million (S$1.22 million) for a one-bedroom condominium.
