Hong Kong buyers bet on housing market to pick up as investor pays HK$100 million for whole floor at Centralcon’s The Arles project

Nov 7, 2021 | INVESTING

Hong Kong buyers are betting on an uptick in the city’s housing market amid plans to reopen the border with mainland China by February next year, according to analysts, as results of home sales on Sunday were mixed.As many as 116 flats, or 42.6 per cent, of the 272 total units on offer at The Arles – a project by local developer Centralcon Properties that is located near the Fo Tan subway station in the eastern New Territories – were sold on Sunday, according to agents. The flats that were…

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