Property News · September 27, 2016

Hong Kong’s Nan Fung Development prices Island Garden units at market rate


Hong Kong developers are adopting firmer pricing strategies after new project launches have generated overwhelming buyer response, with Nan Fung Development offering units in Shau Kei Wan at a similar price as a nearby project released last month.
On Tuesday Nan Fung released prices for the first batch of 148 flats at Island Garden, with unit sizes ranging from 485 to 1,051 sq ft, priced at HK$11.05 million to HK$36.8 million, or HK$20,272 to HK$29,821 per square foot.
“Developers are no…

Source : South China Morning Post
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