The lived-in home-price index fell 1.7 per cent in February versus 1.2 per cent in January, according to the Rating and Valuation Department. Prices have fallen for 10 months in a row, losing 13.7 per cent in value.
Hong Kong’s lived-in home prices fell for the ninth straight month in January, intensifying calls to roll back curbs on the sector even as the government is seeking to rein in a ballooning deficit estimated to exceed HK$100 billion (US$12.8 billion).
SINGAPORE: Two days after a new round of property curbs took effect on April 27, Blossoms by the Park in Buona Vista surprised many with a robust 75% take-up, prompting some analysts to question if the latest measures are sufficient to cool prices and demand.
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