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Centralcon’s Sha Tin housing project launch gets off to a slow start as buyers hold out for better options amid robust supply


A weekend property sale got off to a slow start in Hong Kong, as homebuyers balked at flats offered by lesser known developers in a market where thousands of new flats are waiting to launch this year.Centralcon Properties, a local developer, managed to sell 118 flats, or 32 per cent of the first 374 units earmarked for sale at The Arles in Sha Tin as of 5pm, according to sales agents. Another 162 flats at the same project are scheduled for sale on Sunday.The Arles, located near the Fo Tan…

Source : South China Morning Post
Read more…Centralcon’s Sha Tin housing project launch gets off to a slow start as buyers hold out for better options amid robust supply

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