Hong Kong’s property market is experiencing a slowdown after the government implemented new policies designed to moderate price growth. These measures include increased stamp duties and tighter loan-to-value ratios for certain property transactions. The government hopes these steps will help stabilize the market and ensure that housing remains accessible to a wider range of the population.

Market analysts note that transaction volumes have decreased in recent weeks, suggesting that the new policies are having the desired effect. However, some developers remain optimistic, citing continued strong demand from mainland Chinese buyers. The long-term impact of the government’s intervention remains to be seen, but early indications suggest a shift towards a more balanced market.