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HK: Scan turns to commercial property

Posted on 05 November 2012

Financial Secretary John Tsang Chun-wah said he has noticed huge price increases in commercial properties and the authorities may intervene in this sector if economic stability is threatened.
Tsang announced measures to temper the red- hot housing market on October 26, and these have already helped to cool the sector. In his weekly blog, Tsang said commercial property prices made up a smaller part of the market than residential units, involving experienced investors and larger investments………………………………………..Full Article: Source


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