The discounts and deals will function as short-term relief, and landlords will be hoping that travel restrictions are eased and tourists can return, Cushman says. Photo: Nora TamThe discounts and deals will function as short-term relief, and landlords will be hoping that travel restrictions are eased and tourists can return, Cushman says. Photo: Nora Tam
The discounts and deals will function as short-term relief, and landlords will be hoping that travel restrictions are eased and tourists can return, Cushman says. Photo: Nora Tam

iPad for 13 US cents: Hong Kong mall operators pull all stops to attract local consumers amid weak spending

  • Many of Hong Kong’s mall operators are offering eye-catching promotions of up to 90 per cent off
  • Such promotions are better for generating revenue for both landlords and retailers than rental relief: Cushman
Topic |   Hong Kong property
The discounts and deals will function as short-term relief, and landlords will be hoping that travel restrictions are eased and tourists can return, Cushman says. Photo: Nora TamThe discounts and deals will function as short-term relief, and landlords will be hoping that travel restrictions are eased and tourists can return, Cushman says. Photo: Nora Tam
The discounts and deals will function as short-term relief, and landlords will be hoping that travel restrictions are eased and tourists can return, Cushman says. Photo: Nora Tam

Corrected [5:26pm, 3 Jun, 2020]

  • [5:26pm, 3 Jun, 2020]

    Correction to first paragraph to say shoppers must have spent HK$50,000, not HK$15,000.

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