Hong Kong’s first new residential property launch of 2019 gets off to a good start after developer cut prices by up to a third

Hong Kong’s first sales launch of a new residential property project in 2019 got off to a good start, as China Overseas Land and Investment sold most its latest apartment complex in Tai Po with steep discounts.
The Regent, a project featuring 1,620 flats between 377 square feet and 761 sq ft in size, released the first batch of 486 units for sale on Saturday, attracting up to 7,500 bids, or an average of 15 buyers for every available flat. The developer managed to sell 470 units, or 97…

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