Sentiment in the local property market has cooled dramatically following the introduction of a new stamp duty on November 5. Photo: AFP

An unusual divergence of views has emerged over the direction of Hong Kong home prices

Government land sales have seemingly lost their role as a barometer for pricing in the secondary market, reflecting divergence between land developers and second-hand buyers

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Sentiment in the local property market has cooled dramatically following the introduction of a new stamp duty on November 5. Photo: AFP
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