A residential project in Yau Tong triggered buying euphoria on Saturday, with all 150 units snapped up by midafternoon amid heightened expectations for a recovery in Hong Kong’s home market next year.
The flats at One Park Place, priced between HK$4.23 million (US$543,684) and HK$9.51 million, were in high demand after developers Sino Land, CSI Properties and MTR Corporation offered discounts of up to 15 per cent to lure buyers.
The strong homebuying interest came a day after New World…
