| From Straitstimes.com: Prices for luxury residential property in Hong Kong are likely to fall over the next quarter as investors turn to commercial properties after the government imposed harsh measures to cool the housing market, industry executives said.
Hong Kong, which has some of the most expensive apartments in Asia and is home to property tycoons such as Li Ka Shing and Lee Shau Kee, has seen luxury home prices exceed 1997 peaks by at least 10 per cent..............................................Full Article: Source
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