Property News · May 30, 2020

Hong Kong homebuyers turn up in droves to snap up Wetland Seasons flats, ignoring US action to revoke city’s trade status


Hong Kong’s homebuyers snapped up hundreds of new flats on Saturday, turning out in droves to defy an amber rainstorm warning and the US President Donald Trump’s threat to revoke the city’s special trade privileges amid an escalation of tensions with China. Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market value, sold 220 of 298 flats, or 74 per cent of units offered in the second batch of the second phase of its Wetland Seasons Park project in Tin Shui Wai as of 1.50pm,…

Source : South China Morning Post
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