Property News · August 1, 2017

Hong Kong home buyers not only face spiralling property prices, but also soaring management fees


As Hong Kong home prices continue soaring sky high, so too have management fees, with one developer planning to charge buyers of a so-called “nano flat” in Kwai Chung a monthly HK$4.8 per (US62 cents) per square foot – one of the highest levels in the New Territories.
That fee was revealed by Ronald Chow, operations director at Vervain Resources, as the upcoming residential development named “Edition 178”, at the new MTR’s Kwai Fong station, is set to hit the…

Source : South China Morning Post
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