Hong Kong developer Sun Hung Kai Properties has put flats at one of its latest projects on sale at the cheapest prices this year, in a possible sign that the property market may be cooling in the world’s most expensive city to own a home.
Adding to the new note of caution are plans by two large property investors in the city to sell chunks of their commercial and residential holdings worth a combined HK$12.5 billion (US$1.6 billion). Analysts note headwinds including government measures…
Source : South China Morning Post
Read more…The cheapest flats this year and sales of US.6 billion of property: is Hong Kong’s market cooling?















