Hong Kong property market slackens

11 November 2011 | 1 minute read

Even as chief executive Donald Tsang confirms that the island-state is facing an economic slowdown, latest figures from the Land Authority suggest that Hong Kong’s real estate market is not as insular to the downturn as it is popularly believed to be. The number of property transactions in Hong Kong fell 14% on a month-on-month basis in October and 52%…

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