China Vanke, the mainland’s second-largest developer by sales, has priced apartments at its first wholly-owned residential development in Hong Kong’s Tuen Mun starting at HK$9,878 (US$1,265) per square foot – cheaper than 30-year-old subsidised housing in the area.
The average price for the first batch of 231 units at the 1,154-unit Le Pont development is expected to be HK$11,073 per square foot, after factoring in discounts of as much as 16 per cent, Vanke Property (Hong Kong…
Source : South China Morning Post
Read more…Mainland developer China Vanke sets low prices for first Hong Kong housing estate in Tuen Mun















