Hong Kong’s property market continues to make waves in these turbulent times.A 598 square feet flat at Fung Tak Estate in Wong Tai Sin, Kowloon, has been sold for HK$5.26 million (US$674,000), making it the most expensive public rental housing unit in Hong Kong, according to data from the Housing Authority.The new buyer has shelled out more than 14 times the HK$370,000 the original owner paid for the flat in 1998. In the process, it broke the record set by a 544 sq ft public housing flat in…
Source : South China Morning Post
Read more…Hong Kong public housing flat sells for record HK.26 million















