Anecdotal reports point to price discounting as sentiment towards Hong Kong property softens following the Federal Reserve’s base rate increase on Wednesday. Photo: Bloomberg

Homeowners slash prices by up to 16 per cent as ‘fear’ grips Hong Kong in wake of prime rate hike

Higher mortgage rated unveiled by 11 local banks were followed by at least five homes being unloaded at discounts of up to 16 per cent on Thursday

Topic |   Hong Kong property

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Anecdotal reports point to price discounting as sentiment towards Hong Kong property softens following the Federal Reserve’s base rate increase on Wednesday. Photo: Bloomberg
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