Property News · November 24, 2018

Hong Kong reports another dismal sales weekend in Tuen Mun as home market heads for the big chill


Hong Kong’s residential property market witnessed another weekend of dismal sales, as even double-digit discounts could not lure buyers to commit, in yet another sign that the world’s priciest flats have given way to a buyers’ market.
Chuang’s China Investments, which offered discounts of up to 16 per cent for 150 flats of The Esplanade project in Tuen Mun, managed to sell three units at 5:30pm, five hours after the launch kicked off, agents said.
“The market has…

Source : South China Morning Post
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