Residential Property

It was sold to Apex Intelligence Limited.

The drop was likely due to the decrease in applications during the same month.

However, only a few are interested in buying a property.

The site has a maximum gross floor area of 44,615 sq m.

Units sold in the primary and secondary markets were at 672 and 2,476, respectively.

It was awarded on a 50-year land grant.

It was sold to Bremont Investment Limited.

Year-on-year sales declined by 28.9%

The government maintained its 430,000-unit target in the ten years to 2033.

The office property market’s vacancy rate is also not expected to improve.

The figure is 3,000 less than the previous estimate.

Strategies include the introduction of Light Public Housing.

Realtors cited two property types that can offer higher upside potential in return.

Demand has been focused on mass market projects.

Real estate expert, Cathie Chung, said that the market will have a reset by 2023.

Home size adjustment will be unlikely in the city after the waiting time for public housing hit a record-high.