Property News · November 4, 2020

Property buyers hunt for bargains in Tung Chung, Tsing Yi and Discovery Bay as Cathay Pacific staff leave Hong Kong


Bargain hunters can expect bigger discounts on property in districts close to Hong Kong airport, as foreign pilots and flight attendants leave the city amid mass lay-offs at Cathay Pacific group.Market observers say that areas like Tung Chung, Tsing Yi and Discovery Bay that were popular with the airline’s employees could bear the brunt of the downturn. With the airline unlikely to resume full fledged operations until the coronavirus pandemic is brought under control, prices and rents in the…

Source : South China Morning Post
Read more…Property buyers hunt for bargains in Tung Chung, Tsing Yi and Discovery Bay as Cathay Pacific staff leave Hong Kong