Homebuyers flocked to a new residential project offered by Wang On Properties in Hong Kong’s Eastern district on Saturday, showing renewed enthusiasm for the city’s real estate market driven by the government’s stimulus measures. As of 3:30pm, 98 of the 157 units on sale at 101 King’s Road, a housing project that consists of a…
New flats on offer in Kai Tak received a cool reception on Saturday, as Hong Kong homebuyers mostly stayed on the sidelines waiting for steeper discounts, which spoiled expectations of a strong turnout at the start of November after the monetary authority relaxed the city’s mortgage financing rules last month. Only one out of the…
New flats on offer in Kai Tak received a cool reception on Saturday, as Hong Kong homebuyers mostly stayed on the sidelines waiting for steeper discounts, which spoiled expectations of a strong turnout at the start of November after the monetary authority relaxed the city’s mortgage financing rules last month. Only one out of the…
Hong Kong developers are showing greater confidence in the city’s market outlook following a series of support measures. A consortium including Wheelock Properties and New World Development is offering smaller discounts for their new units in Kai Tak after buyers returned in droves. At Double Coast I, the two developers and their partners China Overseas…
Hong Kong homebuyers on Saturday flocked to a second round of sales at Sun Hung Kai Properties’ Cullinan Sky Phase 1, a residential project in Kai Tak, as interest rate cuts and improved stock market performances boost sentiment in the real estate sector. As of 4pm, Sun Hung Kai, Hong Kong’s largest developer by market…
Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, on Saturday saw homebuyers flock to its latest residential project in Kai Tak, the city’s former airport, on the back of the recent interest-rate cut and stock market rally. As of 7pm, the developer had sold 204 flats out of the 300 units…
Hong Kong saw the most number of new flats sold on a single day since May on Saturday, with agents predicting sales of 200 units on improving sentiment following a half-point interest rate cut by the Hong Kong Monetary Authority (HKMA). Sun Hung Kai Properties (SHKP) sold 112 units, or 93 per cent, of the…