Property News · November 25, 2016

Company fined HK$20,000 over misleading property adverts


A property company was fined HK$20,000 by a court on Thursday for running misleading newspaper advertisements that claimed the first 50 buyers of its new luxury flats would get discounted prices, when in fact none were eventually sold as advertised.
Century Rise had promoted its development The Graces at Providence Bay in Tai Po at HK$14,563 per sqft across the front page of Sing Tao Daily and the inner pages of three Chinese newspapers on September 27, 2013.
But the Sales of First-hand…

Source : South China Morning Post
Read more…Company fined HK,000 over misleading property adverts

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