New homes in Tai O to start at HK$640,000

The Housing Authority will soon launch 80 plus flats, about 400 square feet in size, to go for HK$640,000 to HK$900,000 — very attractive prices in the Hong Kong property market.

The estate was originally public housing and since they were unpopular, it will be developed by the government to sell as residential areas, which will be available as soon as August.

According to a Housing Authority spokesperson, these flats will be very popular since the government has set plans to develop Lantau Island so housing prices are at an all-time high.

Source: RTHK

Photo: Wikimedia Commons




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