Hong Kong homebuyers snap up flats at new Kennedy Town project on strength of location, well-known developers

Homebuyers on Saturday flocked to the first new flat sale in five years at Kennedy Town, which property agents attributed to the project’s ideal location in the northwestern part of Hong Kong island and the large developers behind it.Sun Hung Kai Properties sold 84 of the first batch of 130 small units on offer, with sizes from 229 to 332 square feet, as of 2pm at Kennedy 38, a joint venture with Henderson Land Development Co and Wheelock Properties.The average sale price stood at HK$27,522 per…

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