Lived-in home prices in old residential estates such as Mei Foo Sun Chuen have seen sharp falls recently. Photo: Nora Tam
Lived-in home prices in old residential estates such as Mei Foo Sun Chuen have seen sharp falls recently. Photo: Nora Tam

Hong Kong’s secondary home market suffers as buyers focus on attractively priced new projects

  • Prices of some secondary homes in popular housing estates have fallen by over 30 per cent recently, recent transactions show
  • Secondary home prices will continue to fall as they have not found a floor yet, says Centaline’s Wong

Lived-in home prices in old residential estates such as Mei Foo Sun Chuen have seen sharp falls recently. Photo: Nora Tam
Lived-in home prices in old residential estates such as Mei Foo Sun Chuen have seen sharp falls recently. Photo: Nora Tam
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