Hong Kong’s home sales fizzle for a second weekend ahead of key policy address expected to boost supply of affordable homes

Hong Kong’s weekend home sales sputtered as buyers remained cautious ahead of Chief Executive Carrie Lam Cheng Yuet-ngor’s annual policy address next week, expected to increase land supply for affordable housing to rein in one of the world’s most expensive property markets.In the two projects that were on offer on Saturday, CK Asset Holdings sold 57 out of the 285 units at the Sea To Sky project at Lohas Park in Tseung Kwan O, while Sun Hung Kai Properties (SHKP) sold six out of the 18 flats at…

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