Property News · May 13, 2019

Few takers for flats priced above HK$10 million at Centra Horizon in Tai Po as buyers’ confidence takes a hit


Investors’ appetite for new flats priced above HK$10 million (US$1.27 million) is showing signs of waning as they are hesitating to dig deeper into their pockets for large units, fearing a prolonged US-China trade war could hurt economic outlook.As of 5pm on Monday, developer Billion Development and Project Management only managed to sell 160 out of 307 units on offer at its Centra Horizon project in Pak Shek Kok, Tai Po, according to agents. Most of the units sold were priced below HK$6…

Source : South China Morning Post
Read more…Few takers for flats priced above HK million at Centra Horizon in Tai Po as buyers’ confidence takes a hit

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