Hong Kong homebuyers adopt wait-and-see approach amid rising mortgage rates and higher unemployment

• Only 18 out of 328 homes, or 5.5 per cent of the total, offered at Manor Hill in Lohas Park, Tseung Kwan O and Prince Central in Prince Edward were sold on Saturday
• The relatively high pricing and less favoured units are causing potential buyers to take a wait-and-see attitude amid rising mortgage rates and a higher unemployment