SHKP’s Sierra Sea flats sell out as investors boost mood in Hong Kong’s real estate market

SHKP’s Sierra Sea flats sell out as investors boost mood in Hong Kong’s real estate market

Buyers flocked to a mega residential project from Sun Hung Kai Properties (SHKP) in Hong Kong’s New Territories on Saturday, as attractive pricing boosted purchasing sentiment from investors and agents forecast improved sales in the city despite economic jitters. All 318 of the new flats on sale at the Sierra Sea residential development found buyers…

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Hong Kong mortgage loans surge to 9-month high as new homebuyers seek more financing

Hong Kong mortgage loans surge to 9-month high as new homebuyers seek more financing

Approved mortgage loans in Hong Kong rose to a nine-month high in February as buyers of new flats sought additional financing, suggesting an improvement in demand as developers continued to launch new projects at attractive prices, analysts said. Financial institutions approved mortgage loan applications worth HK$26.1 billion (US$3.3 billion), the highest since HK$31.6 billion in…

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