Potential buyers at a residential project launch in Hong Kong. Photo: Dickson Lee
Potential buyers at a residential project launch in Hong Kong. Photo: Dickson Lee

Centaline says Hong Kong property sales to plummet to 27-year low this year, as Covid-19 curbs, higher interest rates bite

  • If Centaline forecast holds, 2022 will record the lowest annual property transactions tally since 1996
  • Sales volumes likely to decline by 15 per cent, but last year was a record year, Habitat Property’s Victoria Allan says

Potential buyers at a residential project launch in Hong Kong. Photo: Dickson Lee
Potential buyers at a residential project launch in Hong Kong. Photo: Dickson Lee
READ FULL ARTICLE