From Theepochtimes.com: Hong Kong residents are now paying up to HK$8 million (US$1 million) dollars for an apartment no bigger than a broom closet, but prices are set to boom even further.
Bloomberg reports that home prices will rise a further 15 per cent in the next 12 months, citing the regional head of property research for Asia’s leading independent brokerage and investment group CLSA Ltd……………………………………….Full Article: Source