Market Momentum Shifts in Hong Kong's Property Scene The recent surge of interest in Sun Hung Kai Properties' (SHKP) Lime Spark project in the New Territories has sent a clear signal that confidence is growing in Hong Kong's home market.
The sale of 154 flats for over HK$1 billion last week was just the beginning, as hundreds of prospective buyers flocked to the project on Saturday to view the remaining 121 units.
The buying frenzy surrounding Lime Spark is notable not only because it comes after a period of cautious risk taking in the market but also because it points to a broader shift in sentiment.