Tender for Malaysian consulate building in Hong Kong put on hold

Property consultancy Knight Frank Hong Kong, in its monthly January 2020 report, said sentiment continues to soften in the top grade office market in the current political and economic climate. Head of research and consultancy for Greater China David Ji says: “Market conditions remain uncertain moving into 2020, as a wait-and-see attitude dictates tenants’ market outlook and business plans." (Filepic, Hong Kong skyline)

PETALING JAYA: Months of protests in Hong Kong have put paid to the Finance Ministry’s (MoF) plans to sell the Malaysian consulate building there, according to sources.

“The tender has been put on hold, ” an industry source said.