Property News · March 14, 2020

Hong Kong homebuyers snap up first new property project in two months, lured by discounts and falling interest rates


Hong Kong’s homebuyers snapped up the city’s first fresh property launch in two months, attracted by discounts and expectations of lower interest rates, even as the ongoing coronavirus outbreak continued to weigh on business and retail sentiments.Wheelock Properties sold over 100 of the 208 flats on offer at the Ocean Marini project in Tseung Kwan O as of 1:30pm on Saturday, sales agents said. There were more than 3,800 registered buyers, or 18 potential customers for every available unit,…

Source : South China Morning Post
Read more…Hong Kong homebuyers snap up first new property project in two months, lured by discounts and falling interest rates

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