Property News · April 2, 2020

Sentiment in Hong Kong’s property sector hit across the board as there’s no respite from coronvirus outbreak


Hong Kong’s property market continues to be battered from all sides as the worsening coronavirus pandemic takes a toll on sales, prices, rents and even government land sales.New home sales in March sank 40.4 per cent month on month to 594 units, the lowest since December 2018 while overall transaction volume in the first quarter fell to a four-year low at HK$100.09 billion, according to data from Centaline Property Agency. This comes a day after secondary home prices in the city recorded their…

Source : South China Morning Post
Read more…Sentiment in Hong Kong’s property sector hit across the board as there’s no respite from coronvirus outbreak

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