New launches prevent Hong Kong’s housing estates from breaking price records as property supply glut lingers


Prices at Residence Bel-Air had slumped by 27 per cent to HK$32,424 per square foot in the second week of August from their peak three years ago. Photo: David Wong


Prices at Residence Bel-Air had slumped by 27 per cent to HK$32,424 per square foot in the second week of August from their peak three years ago. Photo: David Wong