High interest rates, new supply and economic uncertainties continue to pressure Hong Kong property prices even though the government’s recent measures could provide a boost to transaction volumes.
The war of words over the unusual manoeuvre underscores how Hong Kong’s property industry is grappling to regain its footing after the end of a decade-long bull run.
Open House: Hong Kong Seaview Mansion Eyes Ambitious $281 Million Sale bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.