Hong Kong sales of lived-in subsidised homes rose to a record HK$34.9 billion (US$4.5 billion) for the first 11 months, as buyers rush for cheaper alternatives amid a surge in private home prices that have pushed them beyond general affordability.The transaction value of lived-in flats under the Home Ownership Scheme (HOS) has exceeded 2020’s HK$26.05 billion, according to Centaline Property Agency. The total number of deals in this period, at 6,530, was the highest since 1996, which saw 6,520…
Source : South China Morning Post
Read more…Hongkongers spent a record US.5 billion to buy lived-in subsidised homes amid soaring private flat prices
