A general view of residential and commercial buildings in the Kowloon district (foreground) with the skyline of Hong Kong Island in the distance. Photo: AFP

Hong Kong developers urge government to defer roll out of vacancy tax as they fear it will intensify market slowdown

  • The introduction of the vacancy tax at the moment certainly will add fuel to the fire, the Real Estate Developers Association of Hong Kong said on Friday
  • Home prices have fallen since June after rising for the first five months of the year
Topic |   Hong Kong property

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A general view of residential and commercial buildings in the Kowloon district (foreground) with the skyline of Hong Kong Island in the distance. Photo: AFP
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