China Property News

Hong Kong property prices and sales soaring despite govt’s real estate cooling measures, figures show

by Ray Clancy on September 13, 2010

HK property prices on the rise despite gov't efforts

Residential property prices in Hong Kong have risen to their highest since December 1997, defying government efforts to rein in real estate speculation and prevent an asset bubble.

The latest index from Centaline Property Agency increased 1.11% to 84.54 in the week ended on September 05, from 83.61 a week earlier.

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