Potential buyers wait in a queue in hopes of buying a flat in the third round of sales of Nan Fung Development's LP6 development. Photo: Jonathan Wong

Families in Hong Kong confidently defy red flags about a housing downturn at the biggest flat sales in more than five years

About 68 per cent of Nan Fung Development’s 707 flats at its LP6 development in Tseung Kwan O were sold by 9.15pm. ‘Usually prices will rise again after correcting a little,’ one buyer said.

Topic |   Hong Kong property

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Potential buyers wait in a queue in hopes of buying a flat in the third round of sales of Nan Fung Development's LP6 development. Photo: Jonathan Wong
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