Buyers queuing for Wheelock’s Ocean Marini flats at its sales office in Tsim Sha Tsui. The 90 per cent take-up rate offers a glimmer of hope for property agents even as the overall market limps. Photo: Edmond So

Hong Kong’s most lucrative jobs lose their allure as property agents quit in droves on 70 per cent plunge in sales commissions

  • ‘We have seen 200 to 300 agents quit last month because they cannot survive on just the basic salary,’ said Sammy Po, chief executive of Midland Realty
  • Falling stock prices and job losses create negative wealth effect, prolonging gloom in the economy
Topic |   Hong Kong property
Buyers queuing for Wheelock’s Ocean Marini flats at its sales office in Tsim Sha Tsui. The 90 per cent take-up rate offers a glimmer of hope for property agents even as the overall market limps. Photo: Edmond So
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