PRICES for second-hand flats in the territory have continued to slip, according to latest data.
Figures from real estate company Brooke Hillier Parker (BHP) show prices have fallen slightly in three Kowloon residential districts in the past month.
At Kowloon Tong, asking prices dropped by two per cent from $8,205 per square foot to $8,038. The estates surveyed included Beverley Villa, Parc Oasis and Village Gardens, where prices have increased by 40 per cent in the past year.
A similar price drop was recorded at Whampoa Gardens in Hunghom, where asking prices fell by nearly 3.5 per cent to $6,171 per sq ft.
Conditions also favoured buyers at Ngau Tau Kok, where asking prices fell by three per cent from $4,282 per sq ft in October to $4,155 this month. The sample included Telford Garden, Amoy Gardens and Tak Bo Garden.
Buyers at these estates in Ngau Tau Kok were paying an average of $3,201 per sq ft one year ago, nearly 30 per cent less than today.
There were no changes in sale prices at Sha Tin, where City One, Garden Rivera, Golden Lion Garden, New Town Plaza and Pictorial Garden were surveyed.