Hong Kong’s weekend home sales post mixed results as buyers are spoilt for choice amid 14 per cent increase in property supply

//Hong Kong’s weekend home sales post mixed results as buyers are spoilt for choice amid 14 per cent increase in property supply

Hong Kong’s weekend home sales post mixed results as buyers are spoilt for choice amid 14 per cent increase in property supply

Hong Kong’s weekend property sales were mixed, as buyers snapped up the apartments on offer at a new development in Tai Wai but gave their collective cold shoulder to leftover flats from a 20-month project in Cheung Sha Wan. New World Development sold 79 of the 85 flats on offer at The Pavilia Farm project in Tai Wai, even as the average price of the units on offer had risen by 24 per cent to HK$24,858 per square foot, compared with the launch price in late May. At Cheung Sha Wan, CK Asset…

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By | 2021-06-26T12:59:53+00:00 June 26th, 2021|Business|Comments Off on Hong Kong’s weekend home sales post mixed results as buyers are spoilt for choice amid 14 per cent increase in property supply