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
Unit / Flat / Apartment
Studio Apartment - Close to Sai Kung Town
5,500,000.00 HKD
Sai Kung
Description
SK1302 - Sai Kung Town - Walk-up Studio Style Apartment / Flat. Quite basic kitchen & bathroom. Would suite a single person or a couple.Great Views over Sai Kung Harbour.

Details
Updated on Dec 24, 2018 at 11:00AM
Price: HKD 5,500,000.00
Address: Sai Kung
Sai Kung, New Territories
Bedrooms: 1
Bathrooms: 1
Building Type: Low Rise
Property Layout: Simplex
Floor Zone: Low
Property Type: Unit / Flat / Apartment
Gross Area: 465 ft²
Saleable Area: 465 ft²
Agency Reference No.: SK1392

Views
Harbour
Open
Sea

Rooms
Dining Room
Living Room

Contact Details
The Property Shop (C-027656)
The Property Shop
N/A

Request Info
ID: ceda9f97-950c-4649-9841-2fd3beabc42f