Property agents in Quarry Bay display flat prices on September 28. Photo: Edward Wong

Hong Kong home prices drop – ending bull run of 28 months as world’s priciest market reaches tipping point

First home-price declines in more than two years seen in August. Smallish flats on Hong Kong Island take a big hit; skittish owners offer deep discounts to unload properties.

Topic |   Hong Kong property

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Property agents in Quarry Bay display flat prices on September 28. Photo: Edward Wong
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Lam Ka-sing

Lam Ka-sing

Lam Ka-sing is a business reporter who covers property affairs and results. He joined the Post in 2017 and has a degree in international journalism from Hong Kong Baptist University.