Aerial view of South Horizons private housing estate in Ap Lei Chau, Aberdeen, where rents fell steeply last year. Photo: Winson Wong
Aerial view of South Horizons private housing estate in Ap Lei Chau, Aberdeen, where rents fell steeply last year. Photo: Winson Wong
Business

Hong Kong property offers pockets of value for bargain hunters as pandemic eases, analysts say

  • Lived-in home prices are set to fall in 2020, the first decline in 12 years, according to Ricacorp Properties
  • Rents are also retreating as recession in the city sparks pay and job cuts, eroding demand from a shrinking pool of expatriates

Lam Ka-sing
Lam Ka-sing

Updated: 8:45am, 6 Jan, 2021

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Aerial view of South Horizons private housing estate in Ap Lei Chau, Aberdeen, where rents fell steeply last year. Photo: Winson Wong
Aerial view of South Horizons private housing estate in Ap Lei Chau, Aberdeen, where rents fell steeply last year. Photo: Winson Wong
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