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3Novices:Hong Kong’s Q1 home buying fever soars to record as buyers splashed out HK$47.5 billion

Hong Kong’s home buying fever continued unabated in the first quarter, after purchasers splashed out a record HK$47.5 billion (US$6.11 billion) on new apartments – the biggest buying spree ever, according to the latest figures from Midland Realty, the city’s only listed property agent.
But industry experts are now predicting the trend to slow considerably, after the Hong Kong government new policy last week, whereby any local first-time buyer of multiple units in one contract…
April 16, 2017 at 05:45PM http://ift.tt/2ppFmvh
#3Novices #News #OnlineMedia #China 3Novices China

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