Property News · March 30, 2018

Hong Kong buyers flock to Lohas Park apartment sale despite 19.9 per cent increase in asking price


Hundreds of prospective homebuyers shrugged aside a 19.9 per cent increase in prices – and imminent increase in interest rates – and turned up at the sale of a residential development in Lohas Park on Friday.
More than half, or 64 out of 111 units, at Malibu, which has been developed by Wheelock Properties, had been sold by 7pm on the first day of the Easter Holiday, with the sale still ongoing. 
Wheelock has fetched HK$12.89 billion (US$1.64 billion) in revenue from…

Source : South China Morning Post
Read more…Hong Kong buyers flock to Lohas Park apartment sale despite 19.9 per cent increase in asking price

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