Singapore and Hong Kong in 'completely different' stages of the property cycle: Real estate company
Henry Chin of CBRE says that Singapore's residential and commercial real estate rents have risen substantially, but that things are "bottoming out" for Hong Kong.
Henry Chin, of CBRE, says Singapore rents for residential and commercial properties have increased substantially. However, things are "bottoming" out for Hong Kong. This is due to the influx in mainland Chinese individuals and companies buying property in Hong Kong, which has driven up prices.