An aerial view of the Lei Yue Mun Estate. Prices of lived-in homes fell last month. Photo: Martin Chan
An aerial view of the Lei Yue Mun Estate. Prices of lived-in homes fell last month. Photo: Martin Chan

Hong Kong’s secondary home prices fall by the most in 14 months in October as banks turn cautious on valuations

  • Lived-in home prices fell 0.86 per cent in October, the most since August 2020
  • The Centa Valuation Index, which tracks major banks’ valuations in 133 housing estates, fell to 29.89 points last week, the lowest since it hit 18.88 in March last year

An aerial view of the Lei Yue Mun Estate. Prices of lived-in homes fell last month. Photo: Martin Chan
An aerial view of the Lei Yue Mun Estate. Prices of lived-in homes fell last month. Photo: Martin Chan
READ FULL ARTICLE