Construction cranes are seen at the building site of a new private housing complex in Hong Kong, China as falling flat prices have brought them back to their levels in early 2014. Photo: Reuters
new | Has the real estate bubble burst? Hong Kong flat prices return to early 2014 levels, experts say the drop will continue
Home prices for small flats in Hong Kong have lost 15-20 per cent of their value, and experts say another 10 per cent drop is possible
Construction cranes are seen at the building site of a new private housing complex in Hong Kong, China as falling flat prices have brought them back to their levels in early 2014. Photo: Reuters