Property News · November 2, 2019

Hong Kong’s homebuyers greet developers’ attempt to sell leftover residential property with their collective cold shoulder


Hong Kong’s biggest sales weekend for residential property in almost five months was met with a collective shrug, as homebuyers mostly ignored the 622 unsold homes left over from previous launches to wait for new projects that are due for release in the coming months.A total of 152 flats, or 35 per cent of the 435 units offered by five developers, found buyers at 6pm, sales agents said. Another 187 homes were being offered on tender, whose results will only be revealed on Sunday.“Market…

Source : South China Morning Post
Read more…Hong Kong’s homebuyers greet developers’ attempt to sell leftover residential property with their collective cold shoulder

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