Property News · January 29, 2019

Although some analysts now predict home prices are poised to rise in Hong Kong, some jittery sellers just want out


It’s suddenly up for debate in Hong Kong which way home prices will next go. But one thing is clear: some property owners just want out.
Take at look at a 18 Ventris Road site in Happy Valley. The owner recently slashed the asking price by 17.6 per cent to HK$140 million (US$17.84 million) from HK$170 million.
In recent months, the site was approved for construction of a three-storey home with a basement. But the owner is likely anxious about the clouded market and wants to sell, said…

Source : South China Morning Post
Read more…Although some analysts now predict home prices are poised to rise in Hong Kong, some jittery sellers just want out