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Byline: Khairie Hisyam Aliman
SCARY LIVING: Are buyers willing to buy and move into haunted properties? NST RED talks to several real estate agents to find out.
IN Hong Kong, properties where the previous owner died unnatural deaths (for example suicide or murder) can be legally declared haunted. Due to local belief that such deaths lead to ghosts troubling new occupants, such properties usually see price discounts of up to 40 per cent.
And investors are snapping them up. "There's a group of investors who bid for these properties specifically and then rent it to people who don't mind its bad history," says Eric Wong of Hong Kong-based property website squarefoot.com.hk.
Demand is such that squarefoot.com.hk even has a dedicated listing of haunted properties, with details of the gruesome deaths that took place in …