Hong Kong home sales in the primary and secondary residential markets are moving in opposite directions to the recent spectacular government land sale results as individual buyers stay sidelined in the wake of a higher stamp duty and an imminent US rate hike next month, industry experts say.
Agents say zero transactions were recorded in some major housing estates over the weekend even as a residential site in Kwun Tong that sold for a higher than expected price last Thursday.
Midland Realty…
Source : South China Morning Post
Read more…An unusual divergence of views has emerged over the direction of Hong Kong home prices















