The Taikoo Shing residential estate is the largest in Hong Kong with more than 12,000 units. Photo: Nora Tam
Number of vacant homes in Hong Kong may surge to 18-year-high as families head to UK under BN(O) visa scheme, Bloomberg forecasts
- The predicted exodus would take the number of empty homes to 66,683, more than five times the number of units in the gigantic Taikoo Shing housing estate
- Rents may slide by 10 per cent in 2021 as the shrinking population threatens to stifle leasing, according to Bloomberg’s research report
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The Taikoo Shing residential estate is the largest in Hong Kong with more than 12,000 units. Photo: Nora Tam