Spectre of mass lockdown to send Hong Kong property market into ‘deep freeze’ as transactions plunge to 25-month low

Mar 1, 2022 | INVESTING

Hong Kong’s property market is set to enter deep freeze as the city braces itself for a large-scale lock down as part of a universal Covid-19 screening drive later this month, according to agents.The grim projection comes as total transactions for residential, commercial and industrial real estate as well as parking spaces plunged to a 25-month low of 3,992 deals in February, according to data compiled by Centaline Property Agency.It was the lowest number since January 2020 when there were 3…

Read More

Pin It on Pinterest