An aerial view of Central. Photo: Roy Issa
Hong Kong’s home rental market faces tough fourth quarter as recession makes redundancies more likely
- With many companies reliant on government handouts to stay afloat, more redundancies are likely in the next six months, which will dent local housing demand, says Savills
- Landlords have been trying to boost demand by offering incentives other than direct reductions in rent, according to property agents
An aerial view of Central. Photo: Roy Issa