Hong Kong's property market grappling with sinking property values

Hong Kong, September 6 (ANI): Hong Kong's renowned property market, once a beacon of the city's financial prowess, is experiencing a substantial downturn. Property revaluations are revealing significant declines in profits, while demand for properties continues to wane due to an ongoing affordability crisis.

The city's darkening economic outlook, coupled with mainland China's economic woes, has further dampened market sen