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Asia

30% of owners looking to sell Hong Kong luxury homes willing to lower prices: agents

Business - South China Morning Post · 1h ago · 🇨🇳 China

30% of owners looking to sell Hong Kong luxury homes willing to lower prices: agents

Celebrities including Chow Yun-fat, Stephen Fung Tak-lun and William Chan Wai-ting slashed prices before selling luxury properties recently, with property agents saying secondary luxury home trading will continue to slow in the short term, with prices up to 10 per cent lower. The asking price for Hong Kong film star Chow’s detached house at Sunshine Villa, 48 Mount Kellett Road, The Peak, was cut by HK$35 million (US$4.5 million) to HK$160 million. A property agent said Chow’s house had...

Read the full story at Business - South China Morning Post →

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