Property News · October 26, 2020

Hong Kong homebuyers sustain buying spree at New World’s Tai Wai project, prompting rival developers to raise prices


Hongkongers continued their buying spree at New World Development’s latest residential development in Tai Wai in New Territories, snapping up more than three-quarters of the units offered on Monday within six hours of sales, according to property agents.The brisk sales appear to have emboldened some rival developers to raise their prices on units to be released into the market in the coming days. The strong appetite in such big-ticket items comes as a pleasant surprise to analysts, given the…

Source : South China Morning Post
Read more…Hong Kong homebuyers sustain buying spree at New World’s Tai Wai project, prompting rival developers to raise prices