198 units at Echo House sold on first day amid positive property market resurgence in Hong Kong and China.

Chinachem Group and the Urban Renewal Authority sold all 198 units at Echo House in Cheung Sha Wan on its first sales day, reflecting a positive response to eased mortgage financing and interest rate cuts in Hong Kong. The property market is experiencing a resurgence, with new project sales expected to hit 3,000 units this month. Meanwhile, China's property sector shows signs of recovery, aided by a stimulus package and measures to boost homebuyer demand.

October 27, 2024
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