Property News · April 12, 2017

Cheung Kong’s Harbour Glory almost sold out as buyers shrug aside stamp duty move


Cheung Kong Property Holdings, the first Hong Kong developer to put an apartment project on the market after a tightening in the government’s tax policy, said buyers had shrugged aside concerns of a higher levy to snap up nearly every one of the 152 units of its Harbour Glory complex.
Four hours after making them available for sale, Cheung Kong had sold 148 units of Harbour Glory at North Point, for up to HK$43,900 per square foot, a record for the Island East district. One family snapped…

Source : South China Morning Post
Read more…Cheung Kong’s Harbour Glory almost sold out as buyers shrug aside stamp duty move

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