“This kind of bed homes is the shame of Hong Kong,” said its deputy director, Sze Lai-shan. The Housing Bureau said the Home Affairs Department takes strict enforcement actions against ...

HONG KONG, April 28 (Reuters) - Hong Kong's home prices slipped for a fourth month in March, government figures showed on Monday, as the ailing property market faced more economic headwinds.

Home prices in Hong Kong, one of the world's most unaffordable cities, have tumbled nearly 30% from a 2021 peak, hurt by higher mortgage rates, a weak economic outlook, and poor demand as many ...