The sale this week of a residential site in Kowloon for a record price and a surge in the city’s stock market has fanned the flames of Hong Kong’s red-hot housing market, with developers as well as individual owners rushing to take advantage of positive sentiment in the sector.
CK Asset Holdings has revised upwards its target price for the tender of nine villas at Stars By The Harbour in Hung Hom by HK$300 million (US$38.36 million), or 20 per cent, to HK$2.16 billion.
William Kwok…
Source : South China Morning Post
Read more…Hong Kong property prices heating up anew after record land sale price and surge in stock market















