Property News · May 26, 2018

Sun Hung Kai sells out at Mount Regency as new buyers snap up new homes before mortgages rise


Hong Kong’s residential market maintained its pace, as millennial buyers rushed to get their hands on the latest available sales launches over the weekend before higher mortgage rates kick in later in the year.
Sun Hung Kai Properties had sold 36 of the 38 units of its Mount Regency apartments in Tuen Mun by late morning on Saturday, mainly single-bedroom and twin-room units at between HK$5.6 million and up to HK$8.4 million (US$1.07 million), according to Midland Realty, the sales agent…

Source : South China Morning Post
Read more…Sun Hung Kai sells out at Mount Regency as new buyers snap up new homes before mortgages rise