Property News · July 9, 2021

Home buying frenzy spills over into Hong Kong’s lived-in, subsidised Home Ownership Scheme flats


Hong Kong’s home buying fever has spilled over into the subsidised housing market as turnover and average prices rise to new highs amid a recovery in the city’s coronavirus pandemic-battered economy.Transactions involving lived-in Home Ownership Scheme (HOS) flats in the first half of this year amounted to HK$17.6 billion (US$2.3 billion), the highest since records began in the second half of 1995 and up 36.4 per cent from the same period last year, according to Centaline Property Agency. The…

Source : South China Morning Post
Read more…Home buying frenzy spills over into Hong Kong’s lived-in, subsidised Home Ownership Scheme flats