Midland Property analyst Shum Chung-kim said that as the Hong Kong property market is improving, developers are speeding up pre-sale applications for their projects to increase flexibility in future sales deployments. According to data from the Joint Property Research Center and the General Lands Administration, a total of 7 new applications for pre-sale private housing projects were recorded in September. The number of units involved reached 3,778 units, a significant increase of about 235.8% over the month of 1125 units in August, and reached a new high of 52 months after May 2022. The projects involved include Fanling Sheung Shui City Lot No. 297 Phase 1 to 4, Phase C and D of the New Kowloon Inland Lot No. 6647 in East Kowloon, and Phase 2, 28 Ho Chau Road, Yuen Long.
Zhitongcaijing · 1d ago
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Midland Property analyst Shum Chung-kim said that as the Hong Kong property market is improving, developers are speeding up pre-sale applications for their projects to increase flexibility in future sales deployments. According to data from the Joint Property Research Center and the General Lands Administration, a total of 7 new applications for pre-sale private housing projects were recorded in September. The number of units involved reached 3,778 units, a significant increase of about 235.8% over the month of 1125 units in August, and reached a new high of 52 months after May 2022. The projects involved include Fanling Sheung Shui City Lot No. 297 Phase 1 to 4, Phase C and D of the New Kowloon Inland Lot No. 6647 in East Kowloon, and Phase 2, 28 Ho Chau Road, Yuen Long.
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