Hong kong's 'haunted' homes prove a bargain for expats

Hong Kong has some of the world’s most expensive property prices with land at a premium in the former British colony. But those willing to throw superstition aside can get discounts of up to 40 per cent by choosing haunted homes (known as hongza in Cantonese).

To be legally deemed haunted the property needs the previous owner to have died in unnatural circumstances – a suicide, murder or bad accident. Myth has it that whoever inhabits the home will take on the misfortune of the previous owners.

Eric Wong, of property website squarefoot.com.hk, said: “Hong Kong people are sensitive to ghosts and bad luck. They believe in feng shui. If something bad happened in a home, people won’t take it.

“But Hong Kong is small and very expensive so if a good discount comes, there are others ready to make the investment.”

Source: Telegraph.co.uk