Prospective buyers looking at a model of the LP6 property development by Nan Fung Group at a sales centre in Hong Kong on August 26. Photo: Reuters

Numbers of new private homes on Hong Kong market hit a 14-year high, as property prices continue to drop

  • Quarter-on-quarter figures are highest since January 2005
  • Government says figures are a result of its market-cooling measures but analysts say there are several factors at play
Topic |   Hong Kong property

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Prospective buyers looking at a model of the LP6 property development by Nan Fung Group at a sales centre in Hong Kong on August 26. Photo: Reuters
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