Some property investors are rushing to cash out amid fears of a further fall in Hong Kong home prices, a move that could accelerate the correction in selected housing estates.
Values have already plunged more than 20 per cent from recent highs, according to experts.
Examples of the double-digit price decline could be seen in Kingswood Villas in Tin Shui Wai, Park Island in Ma Wan, Residence Bel-Air in Pok Fu Lam and Caribbean Coast in Tung Chung.
“Home prices in Kingswood Villas have…
Source : South China Morning Post
Read more…Hong Kong property investors seek to lock-in gains as 20pc price drop spurs concerns on outlook















