Property News · February 2, 2017

Hong Kong investors try to cash in their luxury houses as prices continue to soar


Hong Kong property investors are attempting to cash in their luxury houses for huge profits as the sector continues to perform spectacularly.
To capitalise on the rising prices of high-end homes, agents said more owners in Southern district, including Stanley and The Peak, are pondering taking profit from their long-term investments.
For example, a 2,060 square foot house at Hoi Fung Path, Stanley, which is estimated to be worth HK$220 million, recently came on the market, according to joint…

Source : South China Morning Post
Read more…Hong Kong investors try to cash in their luxury houses as prices continue to soar

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