Property News · August 1, 2019

Henderson Land ranks No 1 in Hong Kong micro flat sales in first half, beating other developers by wide margin


Henderson Land Development has emerged as Hong Kong’s largest developer of “micro flats” in the first half, underscoring the popularity of cheaper housing among investors and those seeking to get a start on the housing ladder. Henderson, owned by Hong Kong billionaire Lee Shau-kee, sold 351 micro flats, typically defined as units with floor area less than 200 square feet, in the six months ended in June, generating revenue of HK$1.67 billion (US$213 million), according to data provider…

Source : South China Morning Post
Read more…Henderson Land ranks No 1 in Hong Kong micro flat sales in first half, beating other developers by wide margin