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Property markets in China’s Greater Bay Area will see an uptick in 2024, as businesses and communities find synergies within the 11-city economic powerhouse, which has a GDP of US$2 trillion and a population of 86 million. ....
The city appears in ninth place among 10 global cities in Knight Frank’s Prime Global Rental Index after rents rose 0.9 per cent year on year in 2023. However, rents fell 2 per cent in the fourth quarter. ....
“I think the market on the sales side is either at or close to the bottom,” said Victoria Allan , founder and managing director of luxury property agency… ....