Property News · September 5, 2017

Why prices for Tsuen Wan’s 1-bedroom flats have dived most in 3 months


Prices for one-bedroom new flats in Hong Kong’s Tsuen Wan district – which at one point shot up to a jaw-dropping HK$10 million (US$1.28 million) – have tumbled the most after ChinaChem Group adopted a reverse sales tactic of offloading its latest project at this year’s lowest prices for the area.
One-bedroom flats at Parc City, located next to the West Rail’s Tsuen Wan West station,were sold at an average transaction price of HK$14,900 per square foot, or 16 per…

Source : South China Morning Post
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