Property News · December 8, 2018

Hong Kong’s building boom in tiny flats fizzles out as T-Plus in Tuen Mun gets the cold shoulder


Speculative demand over Hong Kong’s shoebox flats – each smaller than the size of a standard car parking space – appears to be over as quickly as it sprouted, following the decline in the city’s median home price.
Two potential buyers showed up as at 11am at the sales office of the T-Plus project in Tuen Mun to inquire about its tiny apartments, each at around 130 square feet (12 square metres), with a price tag starting at HK$2.85 million (US$364,600), sales agents said…

Source : South China Morning Post
Read more…Hong Kong’s building boom in tiny flats fizzles out as T-Plus in Tuen Mun gets the cold shoulder

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