A 792 square feet flat at City Garden in North Point sold for HK$12.28 million last week, 5.5 per cent lower than the banks’ valuation of about HK$13 million. Photo: May TseA 792 square feet flat at City Garden in North Point sold for HK$12.28 million last week, 5.5 per cent lower than the banks’ valuation of about HK$13 million. Photo: May Tse
A 792 square feet flat at City Garden in North Point sold for HK$12.28 million last week, 5.5 per cent lower than the banks’ valuation of about HK$13 million. Photo: May Tse

Hong Kong property prices expected to slide further as fears of protests remain despite pan-democrats’ thumping election win

  • Property owners continue to reduce prices to fund their emigration plans
  • A survey conducted by University of Hong Kong shows more than half of the respondents expect property prices to fall further
Topic |   Hong Kong property
A 792 square feet flat at City Garden in North Point sold for HK$12.28 million last week, 5.5 per cent lower than the banks’ valuation of about HK$13 million. Photo: May TseA 792 square feet flat at City Garden in North Point sold for HK$12.28 million last week, 5.5 per cent lower than the banks’ valuation of about HK$13 million. Photo: May Tse
A 792 square feet flat at City Garden in North Point sold for HK$12.28 million last week, 5.5 per cent lower than the banks’ valuation of about HK$13 million. Photo: May Tse
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