A shop in Wan Chai is set on fire by anti-government protesters. Market observers say buying sentiment for retail shops has further weakened because of vandalism and arson. Photo: Felix Wong A shop in Wan Chai is set on fire by anti-government protesters. Market observers say buying sentiment for retail shops has further weakened because of vandalism and arson. Photo: Felix Wong
A shop in Wan Chai is set on fire by anti-government protesters. Market observers say buying sentiment for retail shops has further weakened because of vandalism and arson. Photo: Felix Wong
Business

Hong Kong shop owners willing to sell even if it means incurring a loss of HK$6 million

  • A 435 square feet shop in Shau Kei Wan sells for HK$7.3 million (US$932,600) compared to HK$13.3 million paid in 2012
  • Ricacorp Properties expects shop transactions to fall to the lowest level since the agency starting collecting data in 1995

Topic |   Hong Kong protests
Sandy Li
Sandy Li

Updated: 10:55pm, 17 Nov, 2019

Why you can trust SCMP
A shop in Wan Chai is set on fire by anti-government protesters. Market observers say buying sentiment for retail shops has further weakened because of vandalism and arson. Photo: Felix Wong A shop in Wan Chai is set on fire by anti-government protesters. Market observers say buying sentiment for retail shops has further weakened because of vandalism and arson. Photo: Felix Wong
A shop in Wan Chai is set on fire by anti-government protesters. Market observers say buying sentiment for retail shops has further weakened because of vandalism and arson. Photo: Felix Wong
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