Property News · July 15, 2018

Four hours at SHK’s sell-out flats show developers they can keep Hong Kong’s home prices high


Four hours. That’s all it took for Sun Hung Kai Properties to sell all but one of the 45 units at its Victoria Harbour apartment project in North Point on Sunday for a total sales value estimated at HK$600 million (US$76 million).
A corporate buyer, who remains unidentified, even put down HK$87.5 million for six units – including two studios – at the five-tower complex, according to sales agents.
Combined with sold-out responses at two other projects a day earlier, this past weekend was a…

Source : South China Morning Post
Read more…Four hours at SHK’s sell-out flats show developers they can keep Hong Kong’s home prices high

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