Thousands of Hong Kong homebuyers took advantage of Saturday’s calm before a pending super typhoon to get their hands on the second batch of Nan Fung Development’s LP6 flats in Tseung Kwan O, casting aside any concern of rising mortgage rates, or the city’s first bear market in stocks since 2015.
The developer sold 464 apartments, or about 95 per cent of the 488 units on offer, for a total sales value of HK$4.28 billion (US$540 million) as of 9pm Saturday, while Super Typhoon…
Source : South China Morning Post
Read more…Thousand of Hongkongers snapped up new flats during the calm before Mangkhut’s landfall















