Jumping the Line? Scalping in Hong Kong's Property Market Case Solution
This note emphasizes and comprehends the sales of properties in Hong Kong and the existence of speculators or "scalpers" in the housing marketplace. Numerous developers dominate the property market in Hong Kong, and they decide when and which units are put up for sale. Programmers usually sell some of their units in private and put up the remainder on the market to the public. On the other hand, common units are often sold out and this gives rise to scalpers, who seek to resell these units at a substantial margin. Assesses the tools at the government's administration to control speculation in the property marketplace.
PUBLICATION DATE: March 17, 2005 PRODUCT #: HKU389-HCB-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION