An aerial view of Taikoo Shing, a prime residential area where many owners are reluctant to sell given the high price of buying another flat in the same estate. Photo: Robert Ng

High prices peg back Hong Kong home sales despite rise in supply

Big run-up in prices leaves owners in no rush to sell and buyers hoping values will fall, a standoff that's caused a drop in deals

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An aerial view of Taikoo Shing, a prime residential area where many owners are reluctant to sell given the high price of buying another flat in the same estate. Photo: Robert Ng
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