Flat viewings dwindle, transaction volume slumps as coronavirus infects some residents in Hong Kong housing estates

The coronavirus outbreak is hurting Hong Kong’s residential property market as flat viewings dwindle and transaction volume shrinks in private housing estates where some infected residents were detected by health authorities.The pain is being felt amid scenes of city residents making a beeline for face masks at local pharmacies and empty shelves in neighbourhood supermarkets over the past week. Early signs of market revival now seem short-lived as the virus that originated from Wuhan in central…

from South China Morning Post https://ift.tt/2Oq2yaE
Lam Ka-sing The coronavirus outbreak is hurting Hong Kong’s residential property market as flat viewings dwindle and transaction volume shrinks in private housing estates where some infected residents were detected by health authorities.The pain is being felt amid scenes of city residents making a beeline for face masks at local pharmacies and empty shelves in neighbourhood supermarkets over the past week. Early signs of market revival now seem short-lived as the virus that originated from Wuhan in central… https://ift.tt/eA8V8J February 04, 2020 at 02:00AM