Hong Kong’s housing market is showing no sign of slowing, as a throng of 9,800 prospective buyers vied to get their hands on the biggest launch of newly built apartments this year, before the city’s mortgage payments rise in tandem with higher interest rates.
More than 100 units, or 20 per cent of the 500 flats on offer at Wheelock & Co.’s Malibu complex at Lohas Park, were sold within 90 minutes of the sales launch, said the developer’s managing director Ricky Wong…
Source : South China Morning Post
Read more…Hong Kong’s biggest housing sale starts with a roar as thousands vie for Wheelock’s Lohas Park units















