Property News · September 28, 2019

Most expensive Kai Tak project launch, first in two years, meets tepid demand amid market hit by protests and trade war


The most expensive new flats ever to go on the market at Kai Tak, the site of Hong Kong’s former international airport, met with a frosty reception on Friday as buyers held back amid a market reeling from months of civil unrest and the effects of the US-China trade war.By 10pm, just 98 of the 218 units on sale at Upper Riverbank had found owners, a disappointing show when compared to similar project launches.The first residential project at Kai Tak to be launched in the last two years “is…

Source : South China Morning Post
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