Hong Kong Real Estate Woes Deepen as More Supply Hits Slumping Demand
- Glut of office space and more towers likely to weigh on Hong Kong's slumping real estate market
- End of COVID seclusion fails to stimulate real estate demand
- Ms. Chan relieved to sell 400-sq-ft apartment for $741K but 32% markdown from peak disappointing
- Current market bringing anxiety for sellers like Ms. Chan
- More commercial towers opening expected to add pressure on government