Tuesday 2 March 2021
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scmp - 10 days ago

Hong Kong’s real estate bull run gets a lethargic start in Year of the Ox as city’s first sales weekend gets a mixed response

Hong Kong’s homebuyers made a tentative return to the market, giving their collective cold shoulder to older projects but picking up flats at a new launch to give a mixed response to the city’s first property sales in the Year of the Ox. In Tuen Mun in the New Territories, Hong Kong Ferry Holdings and Empire Group sold 76 flas, or nearly 60 per cent of the 128 units on offer, at the second-round sales launch of Skypoint Royale as of 9.30pm, with as many as 32 buyers bidding for every available…


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