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Tuesday, Mar 02, 2021

Hong Kong buyers forfeit US$1.5 million in deposits, walk away from homes

Hong Kong buyers forfeit US$1.5 million in deposits, walk away from homes

Nineteen Hong Kong homebuyers who put down deposits for flats at the height of a market rally around June 2018 have walked away from their purchases, forfeiting as much as HK$11.83 million (US$1.53 million) and HK$12.4 million in two instances over the past month.
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