Colliers International has released its annual Hong Kong Investor Survey Report for 2018, with respondents expecting the market to steady in 2019.
Colliers International has played down concerns surrounding the Hong Kong market in the wake of a new report showing investors expect it to slow in 2019.
The company's annual Hong Kong Investor Survey gave voice to 70 developers, institutional investors, and family offices based in Hong Kong.
The results showed Hong Kong-based investors expect a market deceleration in 2019, with Singapore, Tokyo and Seoul seen as offering more core investment opportunities.
Colliers International Hong Kong Investor Survey 2018 - at a glance
Colliers International Director of Research Daniel Shih said investors were still in a healthy position.
"While market sentiment in Hong Kong has softened over the past six months, investors do not share an overly bearish view," he said.
"We believe that a market collapse is very unlikely, as investors are ready to purchase at the right level.
"Given liquidity is still readily available, many are just waiting for the opportunity to return once the price adjustment period is over."
The report revealed about 40 per cent of participants would consider investing in Greater Bay Area cities, with Shenzhen (29 per cent) and Guangzhou (29 per cent) proving to be the most popular destinations.
While 75 per cent viewed the US-China trade war as the most important risk to investment in 2019, many of those interviewed remained confident of China's long-term growth momentum.
The results also indicated the importance of geopolitical tensions had overtaken economic factors when making financial decisions for 2019.
Mr Shih said the market would "provide clearer direction by mid-2019".
For more information about the survey report, phone or email Daniel Shih via the details provided below.
Source: Colliers International
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