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Hong Kong developers halt sales while brochures rewritten for new rules

Posted on 17 April 2013

Developers will suspend sales of unsold flats at more than 30 new residential projects next week to comply with a new law requiring them to specify the size of flats in all their marketing material as well as provide additional information on the developments.
Under the new law governing sales of new homes due to take effect on April 29, developers are required to provide comprehensive information on their projects, including the “saleable floor area”, a detailed location plan of the development, and the name of every street that is situated within 250 metres of the boundary of the project……………………………………Full Article: Source


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