The Hong Kong protests continue to weigh on sentiment in the city’s property market – the world’s least affordable real-estate sector. A prime residential site next to the Wong Chuk Hang MTR Station, which would require a total investment of up to HK$11.8 billion (US$1.5 billion), drew a lukewarm response on Wednesday, in a sign that there was little appetite for big-ticket deals.A total of 38 players had submitted expressions of interest for a tender for the fourth phase last month, but only…
Source : South China Morning Post
Read more…US.5 billion Hong Kong residential plot receives only six bids after 38 expressions of interest last month















