Forecasts for the Hong Kong property market this time last year were as gloomy as the view from the Peak overlooking the territory on one of its more polluted days.
Political uncertainty, travel bans related to the Covid-19 pandemic and the UK’s decision to open the door to Hong Kongers holding British National Overseas passports were widely expected to knock billions off property valuations.
But the territory’s property market, not for the first time, has defied the doom-laden predictions.
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