Residential blocks in Tsing Yi and Tsuen Wan District in Hong Kong on 8 October 2017. Photo: SCMP/Martin ChanResidential blocks in Tsing Yi and Tsuen Wan District in Hong Kong on 8 October 2017. Photo: SCMP/Martin Chan
Residential blocks in Tsing Yi and Tsuen Wan District in Hong Kong on 8 October 2017. Photo: SCMP/Martin Chan

Negative equity returns to Hong Kong as small, older flats’ values drop by 20 per cent in a declining market

  • Many people who bought flats in the last couple of months have seen their value decline by as much as 20 per cent
  • Negative equity vanished from Hong Kong’s property market in early 2017

Topic |   Hong Kong property
Residential blocks in Tsing Yi and Tsuen Wan District in Hong Kong on 8 October 2017. Photo: SCMP/Martin ChanResidential blocks in Tsing Yi and Tsuen Wan District in Hong Kong on 8 October 2017. Photo: SCMP/Martin Chan
Residential blocks in Tsing Yi and Tsuen Wan District in Hong Kong on 8 October 2017. Photo: SCMP/Martin Chan
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