Hong Kong’s commercial property market has been hit by the city’s weakening economy. Photo: Robert NgHong Kong’s commercial property market has been hit by the city’s weakening economy. Photo: Robert Ng
Hong Kong’s commercial property market has been hit by the city’s weakening economy. Photo: Robert Ng

Investors pile pressure on Hong Kong office sellers as they expect proposed national security law to depress prices further

  • Buyers of office units are offering bids of 30 per cent to 35 per cent below the asking price, said Vincent Cheung of Vincorn Consulting
  • Price of an office unit in Kingpower Commercial Building has been cut by 10 per cent since Beijing proposed a national security law for Hong Kong
Topic |   Hong Kong property
Hong Kong’s commercial property market has been hit by the city’s weakening economy. Photo: Robert NgHong Kong’s commercial property market has been hit by the city’s weakening economy. Photo: Robert Ng
Hong Kong’s commercial property market has been hit by the city’s weakening economy. Photo: Robert Ng
READ FULL ARTICLE