| New property laws are to be introduced in Hong Kong to protect buyers of new homes from unscrupulous developers. One underhand practice the government wants to crack down on is the misleading overstatement of floor space for new builds and off-plan projects.
Residential property in the former British colony is priced and promoted on the gross floor area. But homebuyers have complained that some developers often include public spaces such as lift lobbies, clubhouses and electricity plants in the gross floor area of a private flat...............................................Full Article: Source
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