An almost empty mall in Hong Kong’s Central district. Prices of shops in the city’s four main shopping districts have fallen by about 20 per cent since 2018, according to Midland IC&I. Photo: Nora Tam

Rents, prices of Hong Kong shops in core shopping districts could sink 80 per cent in next two to three years, property agency says

  • One in seven shops will be vacant in the three months to September in Causeway Bay, Tsim Sha Tsui and Central, Midland IC&I says
  • Vacancy rates are currently higher than during the Sars outbreak
Topic |   Hong Kong property
An almost empty mall in Hong Kong’s Central district. Prices of shops in the city’s four main shopping districts have fallen by about 20 per cent since 2018, according to Midland IC&I. Photo: Nora Tam
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