Buyers in Hong Kong defied warnings about a housing-bubble burst when they snapped up more than 500 apartments Tuesday – the biggest home sale for the city in five years. A pair of developers offered 857 apartments for sale on the day following the Mid-Autumn Festival, which is considered a lucky time to buy, the South China Morning Post reported. For Nan Fung Development’s LP6 project, more than 4,100 buyers entered into a lottery for […]
source https://therealdeal.com/2018/09/29/how-a-hong-kong-developer-made-nearly-600m-in-a-day/
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