Property News · July 16, 2019

Hong Kong government-funded home sells for record HK$9 million in Shau Kei Wan


A 650 sq ft apartment in Hong Kong’s Shau Kei Wan neighbourhood has sold for HK$9 million (US$1.15 million), according to the city’s Housing Authority, making it the city’s most expensive second-hand government-funded residential unit.The three-bedroom apartment in Tung Yuk Court broke a record set by a similar sized unit in the same estate that sold for HK$8.93 million in May last year.“Nothing can dampen Hongkongers’ demand for a home, unless supplies are boosted by a large amount,” said…

Source : South China Morning Post
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