Frenetic buying of small flats has driven prices to record highs, prompting the Hong Kong Monetary Authority to impose new mortgage tightening measures. Photo: Reuters
Hong Kong developers may shun sites for small flats amid mortgage curbs
Competition for luxury plots likely to intensify as industry players shift focus to target buyers less affected by the latest mortgage controls
Frenetic buying of small flats has driven prices to record highs, prompting the Hong Kong Monetary Authority to impose new mortgage tightening measures. Photo: Reuters