Property News · October 3, 2019

Hong Kong’s desperate homeowners slash prices by 20 per cent after unprecedented violence on National Day


There are signs of further softening in Hong Kong’s property market. Homeowners are slashing prices by more than 20 per cent as buyers are reluctant to commit to big purchases and banks reduce the valuation of properties amid increasingly violent protests.On Tuesday, an 18-year-old student was shot by police in Tsuen Wan. Tsang Chi-kin was one of many injured in the violence that spread across the city, as thousands took to the streets as part of demonstrations on National Day.“[Homeowners]…

Source : South China Morning Post
Read more…Hong Kong’s desperate homeowners slash prices by 20 per cent after unprecedented violence on National Day

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