Is Hong Kong’s property market recovery running out of gas? UBS flags 4 risks

The Hong Kong property market’s recovery is forecast to moderate in both prices and rents in the coming months as disruptions brought about by Artificial Intelligence, slower population inflows and other factors are likely to impact the upturn, according to UBS.The Swiss investment bank said that in addition to AI and slower population growth, the city’s residential market could also be affected by the deepening integration of the Greater Bay Area, as well as incoming supply of new homes in the Northern Metropolis.“We believe the market has yet to fully price four key risks to the Hong Kong property market,” said Mark Leung, UBS Greater China property research analyst.