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Hong Kong’s property slump may be terminal

The Owner Press by The Owner Press
November 29, 2024
in Newswire
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Luxury properties excessive on the Peak, a verdant mountain towering over Hong Kong, have lengthy been above the cares and considerations of the remainder of town: residents look down from sprawling mansions onto the dense knot of tower blocks through which most individuals stay. However current property woes have introduced even the loftiest areas right down to Earth. The household of 1 indebted property investor offered eight swanky Peak properties between July and October for round half the worth they could have fetched a few years in the past.



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