The coronavirus outbreak has hit all aspects of Hong Kong’s economy. Photo: Nora Tam
The coronavirus outbreak has hit all aspects of Hong Kong’s economy. Photo: Nora Tam

Sentiment in Hong Kong’s property sector hit across the board as there’s no respite from coronvirus outbreak

  • Only 594 new homes were sold in March, the least since December 2018 while overall transaction in the first quarter fell to a four-year low at HK$100.09 billion
  • Hong Kong government’s land parcel in Mong Kok fetches 20 per cent less than the lower end of market expectation

The coronavirus outbreak has hit all aspects of Hong Kong’s economy. Photo: Nora Tam
The coronavirus outbreak has hit all aspects of Hong Kong’s economy. Photo: Nora Tam
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