Developers are lining up to offload luxury residential developments, with buyers snapping up 26 of the first batch of 38 units at Sun Hung Kai Properties' Ultima in Ho Man Tin (above) yesterday. The most expensive unit went for HK$97 million. Developers are lining up to offload luxury residential developments, with buyers snapping up 26 of the first batch of 38 units at Sun Hung Kai Properties' Ultima in Ho Man Tin (above) yesterday. The most expensive unit went for HK$97 million.
Developers are lining up to offload luxury residential developments, with buyers snapping up 26 of the first batch of 38 units at Sun Hung Kai Properties' Ultima in Ho Man Tin (above) yesterday. The most expensive unit went for HK$97 million.

Hong Kong home prices may peak in 2016 amid rate rises

Current run began in 2003 and will top out in 2016 amid rate rises, says analyst

Topic |   Hong Kong housing
Developers are lining up to offload luxury residential developments, with buyers snapping up 26 of the first batch of 38 units at Sun Hung Kai Properties' Ultima in Ho Man Tin (above) yesterday. The most expensive unit went for HK$97 million. Developers are lining up to offload luxury residential developments, with buyers snapping up 26 of the first batch of 38 units at Sun Hung Kai Properties' Ultima in Ho Man Tin (above) yesterday. The most expensive unit went for HK$97 million.
Developers are lining up to offload luxury residential developments, with buyers snapping up 26 of the first batch of 38 units at Sun Hung Kai Properties' Ultima in Ho Man Tin (above) yesterday. The most expensive unit went for HK$97 million.
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