Demand Surges as Market-Cooling Measures Lifted: Uptown East Flats Attract Buyer Interest

Sunday, 17 March 2024, 12:32

In a remarkable turnaround, 238 out of 336 units at Uptown East in Kowloon Bay, totaling US$179 million, were successfully sold following the removal of market-cooling measures, signaling a resurgence in demand in Hong Kong.
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Demand Surges as Market-Cooling Measures Lifted: Uptown East Flats Attract Buyer Interest

Market Rebounds Post Curbs Removal

Some 238 of the 336 units available in the first batch at Uptown East in Kowloon Bay, worth about US$179 million, found buyers as of 6pm on Sunday, in a sign that the removal of all market-cooling measures has revived demand in Hong Kong.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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