Listings for residential properties for sale at a property agency in Hong Kong. Home prices in the city have slumped this year. Photo: Bloomberg
Listings for residential properties for sale at a property agency in Hong Kong. Home prices in the city have slumped this year. Photo: Bloomberg

Hong Kong’s nano flats take biggest hit in housing slump as sales sink 48 per cent in first 11 months

  • More buyers are opting for one-bedroom or two-bedroom units as a result of relaxed mortgage rules and lower prices, says Midland Realty’s Sammy Po
  • Hong Kong home values have dropped by more than 14 per cent this year, with full-year sales volume expected to plummet to the lowest since 2013

Listings for residential properties for sale at a property agency in Hong Kong. Home prices in the city have slumped this year. Photo: Bloomberg
Listings for residential properties for sale at a property agency in Hong Kong. Home prices in the city have slumped this year. Photo: Bloomberg
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