Oasis Kai Tak, a residential development in Hong Kong. A number of institutions have predicted a fall in property prices in the city this year. Photo: Roy Issa
Oasis Kai Tak, a residential development in Hong Kong. A number of institutions have predicted a fall in property prices in the city this year. Photo: Roy Issa

Hong Kong’s third-richest man, Lui Che-woo, joins chorus of warnings about property market

Lui tells buyers to get something to live in, not for speculation, which ‘is just like gambling’

Oasis Kai Tak, a residential development in Hong Kong. A number of institutions have predicted a fall in property prices in the city this year. Photo: Roy Issa
Oasis Kai Tak, a residential development in Hong Kong. A number of institutions have predicted a fall in property prices in the city this year. Photo: Roy Issa
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