EconomySuper-rich lose millions as Hong Kong trophy homes sell at painful discounts
Hong Kong has recorded a series of discounted deals for ultra-luxury homes in recent months, with financially pressured owners taking steep losses to leave the market despite strong demand. A Bel-Air house in Pok Fu Lam sold for HK$138 million, HK$37 million below its 2018 purchase price.
Super-rich lose millions as Hong Kong trophy homes sell at painful discounts
Economy