Property News · November 28, 2020

Homebuyers pile into new flats, as low rates spur them to shrug aside concerns of Hong Kong’s fourth wave of Covid-19 infections


Hong Kong’s homebuyers shrugged aside concerns of a fourth wave of coronavirus infections in the city to snap up new property over the weekend, confident in their belief that mortgage rates would remain low in the near future.Minmetals Land, the property unit of one of China’s largest metallurgical producers, sold 145 of the first 279 flats on offer at its Montego Bay project in Yau Tong as of 4:30pm, with as many as 17 buyers bidding for every available unit, agents said, adding that they…

Source : South China Morning Post
Read more…Homebuyers pile into new flats, as low rates spur them to shrug aside concerns of Hong Kong’s fourth wave of Covid-19 infections

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