Hong Kong’s home prices are showing no signs of letting up, as developers continue to raise their offer price with each successive sales launch, confident that there are enough eager property buyers to snap up any additional supply that goes on the market.
For proof, look no further than The Garrison’s 118-unit apartment complex in Sha Tin, developed by Far East Consortium International. The developer raised its prices by 14 per cent in a span of four days this week, adding HK$…
Source : South China Morning Post
Read more…Hong Kong builders raise prices, confident that buyers will snap up flats unlocked by vacancy tax
