Hong Kong homebuyers, desperate to get their hands on property after a short-lived price correction, are chasing real estate in an obscure segment of the market as a bull market takes hold.On Monday, a 706 square feet flat at the 24-year-old Tivoli Garden in Tsing Yi, New Territories, was sold for HK$10 million (US$1.27 million), or HK$14,164 per sq ft, making it the most expensive unit converted from government funded abodes under the Sandwich Class Housing Scheme.In the early 1990s, the…
Source : South China Morning Post
Read more…‘Sandwich class’ flat in Tsing Yi sells for record US.2 million as Hong Kong homebuyers get desperate















