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Property market closely monitored: FS

September 27, 2015

The Government is keeping a close watch on the property market and will respond to any changes appropriately, Financial Secretary John Tsang says.

 

Mr Tsang spoke to the media at the airport this morning after his European visit, noting that the economy is subject to the influence of a number of external factors, including the possibility of the rise of US interest rates within this year.

 

The increasing supply of residential property may also affect the price, he said, adding that price adjustments in the property market are to be expected.

 

On the recent decline in tourist numbers which may have an impact on Hong Kong's tourism and related industries, Mr Tsang said the Government is concerned about the situation and will take appropriate actions.



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Data Gov HK