Deutsche Bank noted that the HK government has published its "Long Term Housing Strategy" yesterday, saying the total residential supply, including public housing, home-ownership scheme and private housing, would rise to 480,000 units in coming 10 years starting from 2015.
The research house is more concerned about the outlook for the HK commercial property markets in light of the expectations for a soft economy ahead. It anticipated a more imminent and sizeable correction in the prime retail and office markets as compared to the residential market.