Property News · May 20, 2018

Hong Kong’s millennials join red-hot property party, snap up 50pc of units launched over weekend


Hong Kong’s millennials, fearing that they will soon be unable to afford property in one of the world’s most expensive cities, have joined real estate rush.
Buyers snapped up about 250 units in four projects with prices ranging from HK$19,975 to HK$28,235 (US$2,545 to US$3,600) per square feet during the past three days, proof that there is no sign of a slow down in the city where house prices have been rising for 24 consecutive months, according to real estate company Colliers…

Source : South China Morning Post
Read more…Hong Kong’s millennials join red-hot property party, snap up 50pc of units launched over weekend