HONG KONG -- While Hong Kong's property market has slowed down considerably in recent months, thousands of homebuyers flocked to local malls in the past few weekends trying to grab new homes at seven-year bargain prices.
Government land sale falters as high interest rates wither purchasing appetite
Hundreds of Hong Kong homebuyers flock to a rare bargain sale offered by CK Asset's latest residential project, "The Coast Line II," in early August. (Photo provided by CK Asset)
HONG KONG -- While Hong Kong's property market has slowed down considerably in recent months, thousands of homebuyers flocked to local malls in the past few weekends trying to grab new homes at seven-year bargain prices.