Hong Kong’s property market is set to enter deep freeze as the city braces itself for a large-scale lock down as part of a universal Covid-19 screening drive later this month, according to agents.The grim projection comes as total transactions for residential, commercial and industrial real estate as well as parking spaces plunged to a 25-month low of 3,992 deals in February, according to data compiled by Centaline Property Agency.It was the lowest number since January 2020 when there were 3…
Source : South China Morning Post
Read more…Spectre of mass lockdown to send Hong Kong property market into ‘deep freeze’ as transactions plunge to 25-month low















