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Hong Kong's Super-Rich Face Millions in Losses as Luxury Homes Sell at Steep Discounts
Hong Kong's super-rich are facing significant losses as some luxury homes are selling at painful discounts, with financially pressured owners accepting substantial price cuts to exit the market. One recent example includes a Bel-Air luxury house sold for HK$138 million (US$17.6 million), approximately HK$37 million (about US$4.7 million) below its 2018 purchase price of HK$175 million.
Source：SCMP商业 · Source Link
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