Luxury houses excessive on the Peak, a verdant mountain towering over Hong Kong, have lengthy been above the cares and issues of the remainder of the town: residents look down from sprawling mansions onto the dense knot of tower blocks by which most individuals stay. However current property woes have introduced even the loftiest areas right down to Earth. The household of 1 indebted property investor offered eight swanky Peak properties between July and October for round half the worth they could have fetched a few years in the past.
