Property News · September 12, 2017

Acceleration in affordable property sales expected ahead of Lam’s policy address


Some developers are expected to accelerate sales of projects offering affordable housing, ahead of the Chief Executive Carrie Lam Cheng Yuet-ngor’s maiden policy address next month, in anticipation of more government measures being announced to make properties more affordable to first-time young buyers.
The then-chief executive-elect pledged in April to address Hong Kong’s housing crisis by launching a “starter home” scheme to help young families unable to get on the…

Source : South China Morning Post
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