Image of luxury flats and residential buildings on Mount Kellett Road, The Peak. Photo: Roy Issa
Hong Kong’s luxury flat rentals extend drop in third quarter as trade war, protests dent market sentiment
- Rentals in all luxury sub-markets fall for a second straight quarter as demand from mainland Chinese tenants softens, according to Savills
- A slump in hotel occupancy has also infected demand for serviced apartments as protests turned tourists away from the city
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Hong Kong property
Image of luxury flats and residential buildings on Mount Kellett Road, The Peak. Photo: Roy Issa