Kingswood Villas, one of Hong Kong’s largest housing communities, was the city’s most actively traded address for the second consecutive year, as owners slashed prices ahead of a 2020 launch of the first major property project to come to market in the area in the past decade.As many as 531 homes changed hands at Kingswood Villas as of December 23, about 3.3 per cent of the 15,920 units in the 58 residential blocks there, according to data by Midland Realty. Prices have dropped to a 10-month low…
Source : South China Morning Post
Read more…Kingswood tops Hong Kong’s most actively traded address list of 2019 as owners cut prices ahead of biggest home sales in 10 years















