People queue outside a store to purchase surgical masks amid the coronavirus outbreak. Photo: Keith Tsuji/SOPA Images via ZUMA Wire/dpaPeople queue outside a store to purchase surgical masks amid the coronavirus outbreak. Photo: Keith Tsuji/SOPA Images via ZUMA Wire/dpa
People queue outside a store to purchase surgical masks amid the coronavirus outbreak. Photo: Keith Tsuji/SOPA Images via ZUMA Wire/dpa

Double whammy of coronavirus and protests is about to send Hong Kong’s home prices plunging, say property analysts

  • The official price index for used homes dipped 1.7 per cent to 378.5 in December, under the weight of the protest movement
  • House prices are likely to drop 3 to 5 per cent in the three months to March because of the viral outbreak, says Derek Chan of Ricacorp Properties
Topic |   Hong Kong property
People queue outside a store to purchase surgical masks amid the coronavirus outbreak. Photo: Keith Tsuji/SOPA Images via ZUMA Wire/dpaPeople queue outside a store to purchase surgical masks amid the coronavirus outbreak. Photo: Keith Tsuji/SOPA Images via ZUMA Wire/dpa
People queue outside a store to purchase surgical masks amid the coronavirus outbreak. Photo: Keith Tsuji/SOPA Images via ZUMA Wire/dpa
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