Mainland developers Longfor Group and KWG managed to sell just one flat at the Upper River Bank in East Kowloon, on Thursday. Photo: Jonathan WongMainland developers Longfor Group and KWG managed to sell just one flat at the Upper River Bank in East Kowloon, on Thursday. Photo: Jonathan Wong
Mainland developers Longfor Group and KWG managed to sell just one flat at the Upper River Bank in East Kowloon, on Thursday. Photo: Jonathan Wong

Hong Kong homebuyers give midweek property sales a miss amid unemployment, economic worries

  • Developers of Upper River Bank in East Kowloon manage to sell one of 123 units on sale, priced between HK$13 million and HK$28 million
  • Unlike first-time home seekers, buyers for higher priced flats are not in a hurry to invest, says Midland Realty’s Sammy Po

Topic |   Hong Kong property
Mainland developers Longfor Group and KWG managed to sell just one flat at the Upper River Bank in East Kowloon, on Thursday. Photo: Jonathan WongMainland developers Longfor Group and KWG managed to sell just one flat at the Upper River Bank in East Kowloon, on Thursday. Photo: Jonathan Wong
Mainland developers Longfor Group and KWG managed to sell just one flat at the Upper River Bank in East Kowloon, on Thursday. Photo: Jonathan Wong
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