Property News · March 11, 2020

Investments in Hong Kong’s offices, shops and homes slowed to a standstill as Covid-19 outbreak adds to market’s woes


Investments in Hong Kong’s real estate are almost at a standstill, as the global coronavirus outbreak exacerbated the slumping sentiment from half a year of anti-government protests and the ongoing US-China trade war. February’s transactions declined 13 per cent from last year to 3,572 deals, the lowest monthly tally in four years, comprising both newly launched property and lived-in homes, according to estimates by Cushman & Wakefield. On the high end of the property market involving offices,…

Source : South China Morning Post
Read more…Investments in Hong Kong’s offices, shops and homes slowed to a standstill as Covid-19 outbreak adds to market’s woes

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