Property News · September 24, 2018

Actress Shu Qi sells Hong Kong villa at a loss as world’s priciest property market starts to cool


The signs of a property market slow down are here.
Shu Qi, one of the highest paid actresses in China, got off lightly with a marginal loss on her Tai Po property sale on Sunday, according to market observers as they expect home prices to fall over the next 12 months amid concerns of a deteriorating trade war and rising interest rates.
The Taiwanese-Hong Kong actress and model sold a 1,606 square feet villa at The Beverly Hills development for HK$18 million (US$2.3 million), or HK$11,208 per sq…

Source : South China Morning Post
Read more…Actress Shu Qi sells Hong Kong villa at a loss as world’s priciest property market starts to cool