Chilly weather and a soon-to-be launched big housing project in Yuen Long deterred homebuyers, with the primary residential market virtually grinding to a halt over the three-day Lunar New Year holiday.
'As far as I know, not a single flat has been sold. It may be the worst performance of recent years,' Sammy Po Siu-ming, a director of Midland Realty, said.
Potential homebuyers seemed unimpressed by the developers' festive sweeteners, he said.
South China Morning Post
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