Property News · June 27, 2020

CK Asset’s bet on home demand pays off as Hong Kong buyers shrug aside US law to snap up Tseung Kwan O’s costliest launch


Hong Kong’s homebuyers snapped up the most expensive residential property project that launched in the Tseung Kwan O district on Saturday, persuaded by discounts and flexible payment terms to ignore the risks of a recession and escalating US-China tensions.Sea To Sky, a new project by CK Asset Holdings Limited at Lohas Park, sold 280 of the first 462 flats offered for sale at 4:20pm, with 28 people submitting bids for every available unit, according to sales agents. The average price of the…

Source : South China Morning Post
Read more…CK Asset’s bet on home demand pays off as Hong Kong buyers shrug aside US law to snap up Tseung Kwan O’s costliest launch