Turns Out These Empty Hong Kong Luxury Homes Were Popular After All
They built the Corniche but no one came, except for private credit lenders.
Photographer: Lam Yik/BloombergThis week, credit reporter Lorretta Chen finds the nearly empty Corniche luxury towers to be surprisingly popular with investors, while Krystal Chia reports on a hot new bar she thinks could become well-received.
It’s hard to imagine a better example of Hong Kong’s slumping property market than the Corniche, the lavish residential complex in Ap Lei Chau overlooking the South China Sea.