Rents in Hong Kong fell for a fourth consecutive month in November. Photo: Nora Tam

Hong Kong’s recession-hit economy weighs on rents for a fourth consecutive month in November, set to fall further

  • Average rent in the city fell 1.6 per cent year on year in November to HK$36 (US$4.6) per square foot – the lowest since May, according to Centaline Property Agency
  • Combined drop in rents between August and November stood at 5 per cent
Topic |   Hong Kong property
Rents in Hong Kong fell for a fourth consecutive month in November. Photo: Nora Tam
READ FULL ARTICLE