Demand for HK Property Is Very Strong, Says Midland Realty’s Lau

The video discusses the resilience of market prices despite fluctuations, highlighting the strong demand and limited supply as key factors. Interest rates have remained low, contrary to previous expectations of hikes, contributing to market stability. The Hong Kong housing market faces challenges with supply not meeting demand, despite plans for increased units. Speculative demand has decreased due to stamp duties, while organic demand remains strong. The imbalance between supply and demand is expected to persist, with no immediate crash anticipated.

What are the implications of the limited supply situation on housing prices?

How does the speaker perceive the impact of speculative demand on the housing market?

What are the key points regarding the organic demand for housing as discussed in the text?