Chinachem offered 191 units at Parc City in Tsuen Wan at an average price of HK$14,449 per square foot, reflecting the lowest priced batch of new flats released to market this year. Photo: Xiaomei Chen

Used home sales tumble after Chinachem stuns market with Parc City discounts

Sales of previously-owned homes in the city tumbled 15 to 40 pc on week after some units at Parc City were released at lower-than-expected launch prices

Topic |   Hong Kong property

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Chinachem offered 191 units at Parc City in Tsuen Wan at an average price of HK$14,449 per square foot, reflecting the lowest priced batch of new flats released to market this year. Photo: Xiaomei Chen
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