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Hong Kong’s buyers shrug aside leftover projects in their rush for small, cheaper homes as robust supply spoils them with options


Hong Kong’s weekend home sales were mixed, with buyers piling in after new launches and the smallest flats that require less upfront payments, giving their collective cold shoulder to unsold projects left over from last year.Centralcon Properties sold 120 flats, or 36 per cent of the 338 flats earmarked in its second round of sales at The Arles in Sha Tin, extending last weekend’s success which found buyers for 82 per cent of the 536 apartments on offer.Wheelock Properties was less lucky with…

Source : South China Morning Post
Read more…Hong Kong’s buyers shrug aside leftover projects in their rush for small, cheaper homes as robust supply spoils them with options

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