New Hong Kong flats at Early Light’s Uppland project draw tepid response

Quick Summary:

Hongkongers buy only 17 of 139 new homes available in the New Territories project as record mortgage rates continue to dampen sentiment.

The homes were priced between HK$2.23 million (US$286,000) and HK$9.93 million after discounts, or HK$9,640 to HK$14,182 per square foot.

Choi, dubbed the “Toy King” of Hong Kong for producing die-cast Nascar collectibles and licensed dolls including Harry Potter and Bratz, turned to developing property two decades ago.

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Article Details

Author / Journalist: Yulu Ao

Category: Business

Markets: Hong Kong

Topics: First Project Market Uppland Sales Flats Cent Homes Sale Sunday Units

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 16:20:15 (4 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 21979397

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