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- Night Shift Worker Buys Hk Flat For Us$677k | Hk Weekend Property Market Recap
Proving that Hong Kong real estate never sleeps, a night shift worker secured a flat for HK$5.3 million (US$676,533) late in the evening. After negotiating by phone until late, the seller and property agent personally drove to Yuen Long, where the buyer works, to sign a provisional sale and purchase agreement.
In addition, the city’s Financial Secretary Paul Chan Mo-po said last week that the government has no intention of easing property cooling measures at the moment, but would consider relaxing the loan-to-value ratio for first-time home buyers.
Over the weekend, sales remained low as Hong Kong’s four biggest real estate agencies recorded three to five transactions for the city’s top ten blue-chip housing estates. A number of estates failed to record transactions, including Taikoo Shing and Kornhill in Quarry Bay.
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| Property Type | Price | Ads Period |
|---|---|---|
| For Sale Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:90 days |
Golden Top Listing Higher position than Top listing 2-3times better performance | HKD:3000 (or Hsemoney:3000) | Valid:60 days |
| Rental Property | ||
Normal Listing Typical One | HKD:1000 (or Hsemoney:1000) | Valid:80 days |
Golden Top Listing Higher position than Top listing 2-3times better performance | HKD:3000 (or Hsemoney:3000) | Valid:60 days |
