Wednesday, September 12, 2012

Luxury Tuen Mun homes snapped up despite measures to cool prices





Home buyers snapped up nearly 50 per cent of upmarket units offered at a residential project in Tuen Mun in the first six hours yesterday, the first development put on sale since the government rolled out a string of measures last month to bring down home prices.


Sun Hung Kai Properties released 107 units at Century Gateway in Tuen Mun for pre-sale at an average price of more than HK$11,000 per square foot, making it the most expensive flats in the area, or at a level comparable to Taikoo Shing in Quarry Bay.









via Business feed http://www.scmp.com/business/article/1034557/luxury-tuen-mun-homes-snapped-despite-measures-cool-prices

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