In the search for cheaper alternatives, potential homebuyers are looking to ageing government subsidised housing, pushing up prices for Home Ownership Scheme (HOS) flats at double the rate of the broader market.In the first four months of the year HOS flats rose by 14.4 per cent, more than double the 7 per cent rise for private pre-owned homes, according to data from Ricacorp Properties and Centaline Property Agency.The average price for HOS flats, the most actively traded among government…
Source : South China Morning Post
Read more…Property bargain hunters take a shine to decades-old subsidised housing flats in Hong Kong















