HSI1 28,461.66 -131.51 60.59B
HSCEI1 10,784.55 -63.36 16.82B
Back    Zoom +    Zoom - Block Traded
1st Unit Repossessed at 8 Deep Water Bay Drive, Involving Expected Loss $12.56M
2019-06-19 15:50:12
A buyer of 8 Deep Water Bay Drive, who had bought a flat last Tuesday at over $251.2 million, did not proceed further with the transaction after signing a provisional sales and purchase agreement, according to disclosures at Sales of First-hand Residential Properties Electronic Platform.

The 5% deposit was expected to be forfeited by the developer, involving over $12.56 million, which made it the first case of repossession under the project since its launch in October 2018.

AAStocks Financial News
Web Site: www.aastocks.com