• 11/11/2024

Hong Kong property: land parcel for starter homes in Tsuen Wan likely to draw few bids as high interest rates subdue market

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

A plot of land in the western New Territories earmarked for almost 2,000 starter homes for middle-class Hong Kong families is expected to draw only a handful of low bids as high interest rates subdue market sentiment and the scale of the project deters developers.

https://www.scmp.com/business/article/3225212/hong-kong-property-land-parcel-starter-homes-tsuen-wan-likely-draw-few-bids-high-interest-rates?utm_source=rss_feed