Arezzo at 33 Seymour Road in Mid Levels after its completion by Swire Properties in 2014. Photo: SCMP
Arezzo at 33 Seymour Road in Mid Levels after its completion by Swire Properties in 2014. Photo: SCMP

Hong Kong’s Mid-Levels rents slashed. Is city’s luxury property set for a historic rout?

  • A duplex at Arezzo in Mid-Levels owned by Taiwanese actress was rented out at about a quarter of going rates last week
  • Anomaly or not, analysts see no strong support for luxury residential leasing market as economy flounders

Arezzo at 33 Seymour Road in Mid Levels after its completion by Swire Properties in 2014. Photo: SCMP
Arezzo at 33 Seymour Road in Mid Levels after its completion by Swire Properties in 2014. Photo: SCMP
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