Property projects at two locations get mixed reception as Hong Kong’s homebuyers pick their way through leftover inventory – S. China Post

Hong Kong’s weekend property sales saw mixed reception at two different projects, as homebuyers picked and chose their way through two projects that had been on the market for at least nine months.At Lohas Park in Tseung Kwan O, CK Asset Holdings sold 117 of the 159 flats at the Sea to Sky project developed with MTR Corporation. Buyers were undeterred by the 12-per cent increase in average price since the project’s launch last June, with about seven registered bidders vying for every available…

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