Property News · September 12, 2019

Wheelock’s new flats in Tseung Kwan O get tepid reception as protests keep chipping away at sentiment


A batch of new flats at a project in Tseung Kwan O failed to hit the mark with investors on Wednesday as sentiment continues to dwindle amid violent protests that show no sign of abating.By 8.10pm Wheelock Properties had managed to sell just 177 out of 318 units that went on sale at its Marini and Grand Marini projects.Just 12 days earlier, buyers had snapped up 435 of 500 flats in the first batch at Marini. The contrast shows the alarming rate at which market sentiment is falling as the…

Source : South China Morning Post
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