China Evergrande’s first project in Hong Kong got off to a flying start, as investors were attracted by the relatively low prices and an easing of mortgage rules, upstaging rivals that saw relatively modest sales last week.The mainland developer sold all 167 flats on offer at its Emerald Bay project in protest-hit Tuen Mun on Monday, which has 1,982 units, including 22 villas. The results were far better than those seen at CK Asset Holding’s Seaside Sonata, Longfor and KWG Group’s Upper…
Source : South China Morning Post
Read more…China Evergrande’s Emerald Bay housing project in Tuen Mun is a sell-out as buyers find low prices, discounts hard to resist