Prices of flats in Telford Gardens have slumped 30 per cent this year. Photo: Handout
Bad news: Hong Kong homeowners looking to sell may have missed window as price decline set to deepen
- The Centa-City Leading Index, which has already lost 16.8 per cent since the peak in August 2021, is expected to decline further to nearly 25 per cent by late January
- The decline for some estates has exceeded that level, with Telford Gardens in Kowloon Bay witnessing a slump of 30 per cent
Prices of flats in Telford Gardens have slumped 30 per cent this year. Photo: Handout