China Evergrande suffered its second sales flop in two months as Hong Kong’s homebuyers gave their collective cold shoulder to its Emerald Bay flats in Tuen Mun, even after a 14-per cent average discount.The Chinese developer managed to find buyers for 16 flats, or a mere 6 per cent of the 269 units on offer at 4pm, according to sales agents. A month earlier, Evergrande sold a third of the first batch of Emerald Bay flats during the peak of the city’s coronavirus outbreak.Since then, Hong Kong…
Source : South China Morning Post
Read more…Evergrande’s Emerald Bay project flops for the second time in two months as buyers stay away amid Hong Kong’s economic slump















