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















