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