Borrett Road Auction Impact on Real Estate market

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  1. #1

    Join Date
    Jul 2010
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    542

    Borrett Road Auction Impact on Real Estate market

    What will be impact of Borrett road auction on HK real estate market ?? Will is start property price cooling or note ?

    Hong Kong Developers Signal Slowing Price Gains in Land Bids - Businessweek


  2. #2

    Join Date
    Mar 2010
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    Central
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    725

    Doubt it, just because it didn't break new records does not mean that it is going to go down.

    If it happens a couple more times then it will probably mean that they don't have as much enthusiasm.