Is Hong Kong’s luxury property set for a historic rout?



ORIGINAL POST
Posted by Ed 11 mths ago
Months of unrest, the Wuhan virus and now the uncertainty created by the new security law are hammering the luxury residential property market in Hong Kong:
 
 
- Landscope Realty indicates that properties in the HKD200-300k bracket have dropped below 150k and in some instances under 100k
 
 
-  a home on Headland Road in Repulse Bay was recently rented out at HKD190,000 per month, a drop of 36%
 
-  a house at Deep Water Bay leased for HKD200k per month, a drop of 29% 
 
 

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