As Hong Kong’s property market turns south, homeowners of New Territories properties are feeling the pinch more than others, as flat prices in the area have fallen faster and as much as 16 per cent since August.
Among the area’s top five residential estates by price decline based on government data, City One Shatin is leading the pack and recorded the largest drop in the past two months. The average price for 10 transactions completed in October was HK$15,191 per square foot, 9.3…
Source : South China Morning Post
Read more…New Territories home prices that surged most in Hong Kong’s property boom are falling faster in the downturn















