Beware of Fake Property Listings

According to an industry veteran, the majority of units listed in the Hong Kong real-estate market do not exist, and those that do are often misleading. Do not take the words of Hong Kong property brokers at face value. In fact, you might consider discounting 95% of what they say as nonsense – or worse. These are the controversial views of Centaline Property Agency chairman Shih Wing-ching, who recently asserted that the Hong Kong property market has far fewer “real” listings than one would imagine. Shih estimated that only about 10,000 out of 160,000 property units listed in the Hong Kong real-estate market have actual letters of authorization from the landlord. In other words, the remaining 150,000 are actually “fake”, not “real”, estate. Read More
For Sale
Villa
House With Sea View
25,000,000.00 HKD
Burlingame Gdn
Description
HOUSE WITH GARDEN
SEA VIEW
NEWLY RENO.
CARPARK
24 HR SECURITY
CLOSE TO SK TOWN


Details
Updated on Dec 21, 2018 at 11:51AM
Price: HKD 25,000,000.00
Address: CHUK YEUNG ROAD
Sai Kung, New Territories
Bedrooms: 3
Bathrooms: 2
Building Type: Low Rise
Property Layout: Triplex
Floor Zone: Low
Property Type: Villa
Gross Area: 1,851 ft²
Saleable Area: 1,223 ft²
Agency Reference No.: 9051

Contact Details
Perfect Properties (C-041107(A000))
MS EMILY YAU
N/A

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ID: 994a8931-9ec2-430b-b415-07dae60d0184