Hong Kong Home Rented Out for $140,000 a Month Despite Market Downturn - BNN Bloomberg

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An ultra-luxury residence in Hong Kong has been rented out for HK$1.1 million ($140,500) a month, a sign that some high-end transactions are still happening in the city during a broader property downturn.

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Hong Kong to Pause Selling Commercial Land as Market Falters - BNN BloombergHong Kong’s government will refrain from selling commercial sites in land tenders this quarter as the office market continues to suffer from high vacancy rates.
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