| From Property-report.com: Hong Kong’s luxury residential property market saw better-than-expected auction results in July and this, combined with a lack of new supply, is continuing to fuel demand.
The findings of Knight Frank’s Hong Kong Property Market monthly report note that in late July, a luxury residential site in Mount Nicholson Road on the Peak was sold for more than HK$10 billion (US$1.28 billion) – a price exceeded market expectations..............................................Full Article: Source
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