An aerial view of Provident Garden (front left) and City Garden (front right) residential blocks in North Point. Property transactions have slowed down to a trickle amid the ongoing protests and the US-China trade war. Photo: Roy IssaAn aerial view of Provident Garden (front left) and City Garden (front right) residential blocks in North Point. Property transactions have slowed down to a trickle amid the ongoing protests and the US-China trade war. Photo: Roy Issa
An aerial view of Provident Garden (front left) and City Garden (front right) residential blocks in North Point. Property transactions have slowed down to a trickle amid the ongoing protests and the US-China trade war. Photo: Roy Issa
Business

Hong Kong’s sales agents face a bleak year end, with 8,000 jobs on the line, as months of rallies crimp property transactions

  • Analysts say Hong Kong’s property market this year will see the least number of deals since the Sars outbreak in 2003
  • Homeowners are cutting prices by at least 10 per cent in the hope of making a sale
Topic |   Hong Kong property
Lam Ka-sing
Lam Ka-sing

Updated: 10:38pm, 29 Aug, 2019

Why you can trust SCMP
An aerial view of Provident Garden (front left) and City Garden (front right) residential blocks in North Point. Property transactions have slowed down to a trickle amid the ongoing protests and the US-China trade war. Photo: Roy IssaAn aerial view of Provident Garden (front left) and City Garden (front right) residential blocks in North Point. Property transactions have slowed down to a trickle amid the ongoing protests and the US-China trade war. Photo: Roy Issa
An aerial view of Provident Garden (front left) and City Garden (front right) residential blocks in North Point. Property transactions have slowed down to a trickle amid the ongoing protests and the US-China trade war. Photo: Roy Issa
READ FULL ARTICLE