Property News · August 22, 2017

Used home sales tumble after Chinachem stuns market with Parc City discounts


Only one transaction was recorded in the four major housing estates in Tsuen Wan last week, after Chinachem Group’s lower-than-expected launch price for its new project, Parc City, lured potential buyers away from secondary market, according to an agent at Midland Realty.
Belvedere Garden in Tsuen Wan was the sole development to record a transaction last week, while no sales were tracked at Discovery Park, Luk Yeung Sun Chuen or Tsuen Wan Centre, according to Midland.
A total of 34 sales…

Source : South China Morning Post
Read more…Used home sales tumble after Chinachem stuns market with Parc City discounts

You may also like...