Property News · January 31, 2022

Demand for Hong Kong’s ‘nano flats’ could slow down, as prices dip and bigger homes become more affordable


Demand for flats that measure less than 200 sq ft – the so-called nano flats – could slow down as home prices head downwards after peaking in September last year, market watchers said.These flats, which were once snapped up like hot cakes especially by younger buyers, appear to have lost their appeal. Soyo, a nano flat development in Mong Kok, sold only 33 per cent of all 120 flats on offer earlier this month. The 152 to 228 sq ft flats were priced starting at HK$3.38 million (US$433,761). In…

Source : South China Morning Post
Read more…Demand for Hong Kong’s ‘nano flats’ could slow down, as prices dip and bigger homes become more affordable

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