K Wah International’s Solaria project, in the yellow cladding in the middle, in Hong Kong’s Tai Po district. Photo: Martin Chan
Hong Kong homebuyers – spooked by recession, talk of national security law – forfeit US$1.5 million in deposits, walk away from purchases
- Nine buyers walked away from Hong Kong developer K Wah International’s Solaria project in Tai Po district on Friday
- The proposed introduction of a new national security law by Beijing has sparked fears about market stability
K Wah International’s Solaria project, in the yellow cladding in the middle, in Hong Kong’s Tai Po district. Photo: Martin Chan