Vanke Holding (Hong Kong) sold all the flats on sale at its The Campton development in Hong Kong’s Cheung Sha Wan area on Wednesday. The outcome defied a forecast by investment bank Goldman Sachs, which revised down its estimates for local housing prices, office and retail rents by 5 to 15 percentage points this week.One buyer even splashed out HK$30 million (US$3.87 million) for four flats, according to Centaline Property Agency.With 8,700 registrations of intent received, more than 46 buyers…
Source : South China Morning Post
Read more…Vanke sells all flats at Hong Kong development, defies worsening Goldman Sachs forecast for property sector















