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HK to sell 12 residential sites in Q1 next year

Published Thu, Dec 19, 2013 · 10:00 PM
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[HONG KONG] Hong Kong's government plans to sell in the first quarter 12 land sites that can accommodate 5,500 homes, as it seeks to raise housing supply to help curb home prices that have more than doubled since early 2009.

The number of homes that can be built on the sites is the most since 2011, when the government started announcing land sales plan ahead of each quarter, Secretary for …

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