Luxury flat rentals in Hong Kong have continued their slide into the third quarter as uncertainties stoked by US-China trade war and social unrest helped push the economy into a recession for the first time since the global financial crisis.Hong Kong Island experienced a 1.6 per cent drop in the third quarter, the biggest pullback since the second quarter of 2014, according to real estate adviser Savills. Kowloon and New Territories declined fell by 3.6 per cent and 3.1 per cent respectively…
Source : South China Morning Post
Read more…Hong Kong’s luxury flat rentals extend drop in third quarter as trade war, street protests dent market sentiment
