Market Chatter: New World Development's House Muse Flats Priced 20% Below Nearby Projects

MT Newswires Live
09/12

New World Development (HKG:0017) unveiled the first price list for its Kowloon City residential project, House Muse, featuring 50 flats priced at least 20% below nearby new developments adjacent to MTR stations, The Standard reported Thursday.

Discounted prices start at HK$14,992 per square foot, with units ranging from HK$3.8 million to HK$10.4 million, it said.

The developer said prices may increase in future launches, with sales expected to begin as early as next week, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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